| EDC latest price $68.8100 (9.55%) ($65.1300 - $69.5300) on Wed. Nov. 4, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.3% (three month average) |
RSI | 61 |
Latest Price | $68.8100(9.55%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 2.8% a day on average for past five trading days. |
Weekly Trend | EDC declines -0.8% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Rotation from value to growth 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 -1.65% in a week (0% probabilities). VIXM(-42%) UUP(-33%) VXX(-17%) EDOC(-4%) TLT(-1%) |
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 | -1.65% (StdDev 3.3%) |
Hourly BBV | 0 () |
Intraday Trend | 5.1% |
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