| EDC latest price $64.4000 (-1.98%) ($64.3200 - $66.0100) on Wed. Oct. 14, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.09% (three month average) |
RSI | 81 |
Latest Price | $64.4000(-1.98%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 0.7% a day on average for past five trading days. |
Weekly Trend | EDC advances 8.7% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support EDC advance at 0% a week (0% probability) EEM(99%) MCHI(88%) FXI(87%) EWY(81%) KWEB(81%) |
Factors Impacting EDC price | EDC will decline at least -1.545% in a week (0% probabilities). VIXM(-42%) UUP(-33%) VXX(-17%) IGOV(-8%) EDOC(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.545% (StdDev 3.09%) |
Hourly BBV | 0 () |
Intraday Trend | -1.8% |
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