| EDC latest price $88.7400 (2.26%) ($88.3100 - $90.1000) on Mon. Aug. 2, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.26% (three month average) |
RSI | 39 |
Latest Price | $88.7400(2.26%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 0.5% a day on average for past five trading days. |
Weekly Trend | EDC declines -5.8% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Value 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(83%) EWY(81%) |
Factors Impacting EDC price | EDC will decline at least -1.63% in a week (0% probabilities). VIXM(-40%) UUP(-30%) VXX(-13%) TLT(-1%) TBT(0%) |
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 | -1.63% (StdDev 3.26%) |
Hourly BBV | 0.1 () |
Intraday Trend | -0.2% |
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