| EDC latest price $93.8700 (1.79%) ($92.6800 - $94.1290) on Fri. Sep. 3, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.11% (three month average) |
RSI | 61 |
Latest Price | $93.8700(1.79%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 1.8% a day on average for past five trading days. |
Weekly Trend | EDC advances 7.3% 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(98%) MCHI(88%) FXI(87%) KWEB(82%) EWY(81%) |
Factors Impacting EDC price | EDC will decline at least -1.555% in a week (0% probabilities). VIXM(-40%) UUP(-30%) VXX(-13%) IGOV(-3%) TLT(-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 | -1.555% (StdDev 3.11%) |
Hourly BBV | 1 () |
Intraday Trend | 1.1% |
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