| EDC latest price $106.3500 (-1.16%) ($104.0500 - $108.5200) on Thu. Apr. 29, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.85% (three month average) |
RSI | 66 |
Latest Price | $106.3500(-1.16%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 1.1% a day on average for past five trading days. |
Weekly Trend | EDC advances 3.2% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock 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%) KWEB(82%) EWY(81%) |
Factors Impacting EDC price | EDC will decline at least -1.925% in a week (0% probabilities). VIXM(-41%) UUP(-31%) VXX(-15%) TLT(-1%) TBT(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 | -1.925% (StdDev 3.85%) |
Hourly BBV | -0.2 () |
Intraday Trend | -2% |
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