| EDC latest price $111.4200 (2.95%) ($110.4700 - $111.7100) on Fri. Jun. 4, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.55% (three month average) |
RSI | 75 |
Latest Price | $111.4200(2.95%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 1.5% a day on average for past five trading days. |
Weekly Trend | EDC advances 6.7% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support EDC advance at 0% a week (0% probability) EEM(99%) MCHI(88%) FXI(87%) KWEB(83%) EWY(81%) |
Factors Impacting EDC price | EDC will decline at least -1.775% in a week (0% probabilities). VIXM(-41%) UUP(-30%) VXX(-14%) IGOV(-3%) TLT(-2%) |
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 | -1.775% (StdDev 3.55%) |
Hourly BBV | 0.8 () |
Intraday Trend | 0.6% |
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