| EDC latest price $72.4100 (-3.34%) ($71.3900 - $74.5434) on Tue. Nov. 10, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.29% (three month average) |
RSI | 60 |
Latest Price | $72.4100(-3.34%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 2.7% a day on average for past five trading days. |
Weekly Trend | EDC advances 6.3% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally 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 -1.645% in a week (0% probabilities). VIXM(-41%) UUP(-33%) VXX(-16%) EDOC(-5%) TLT(-0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.645% (StdDev 3.29%) |
Hourly BBV | 0 () |
Intraday Trend | -2.1% |
| |
|
|