| EDC latest price $71.9300 (0.9%) ($70.0000 - $72.8800) on Fri. Feb. 4, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.21% (three month average) |
RSI | 38 |
Latest Price | $71.9300(0.9%) |
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 -1.9% a week on average for past two weeks. |
Market Behavior | Growth stock 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(98%) MCHI(88%) FXI(87%) KWEB(84%) EWY(82%) |
Factors Impacting EDC price | EDC will decline at least -1.605% in a week (0% probabilities). VIXM(-37%) UUP(-31%) VXX(-11%) TBT(-4%) UNG(3%) |
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 | -1.605% (StdDev 3.21%) |
Hourly BBV | 0.4 () |
Intraday Trend | 2.2% |
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