| EDC latest price $86.6200 (0.66%) ($85.3030 - $86.8000) on Mon. Aug. 30, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.15% (three month average) |
RSI | 44 |
Latest Price | $86.6200(0.66%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 1.6% a day on average for past five trading days. |
Weekly Trend | EDC declines -1.1% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth 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 -1.575% in a week (0% probabilities). VIXM(-40%) UUP(-30%) VXX(-13%) IGOV(-3%) 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 | -1.575% (StdDev 3.15%) |
Hourly BBV | 1 () |
Intraday Trend | 0.3% |
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