| EDC latest price $79.5400 (-4.09%) ($79.0000 - $81.9200) on Tue. Sep. 28, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.33% (three month average) |
RSI | 23 |
Latest Price | $79.5400(-4.09%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 0.4% a day on average for past five trading days. |
Weekly Trend | EDC declines -5.9% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based 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(83%) EWY(82%) |
Factors Impacting EDC price | EDC will decline at least -1.665% in a week (0% probabilities). VIXM(-40%) UUP(-30%) VXX(-13%) IGOV(-3%) 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 | -1.665% (StdDev 3.33%) |
Hourly BBV | -1.1 () |
Intraday Trend | -2.3% |
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