| EDC latest price $75.5900 (-1.88%) ($74.9100 - $78.3890) on Thu. Feb. 10, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.27% (three month average) |
RSI | 52 |
Latest Price | $75.5900(-1.88%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 1.2% a day on average for past five trading days. |
Weekly Trend | EDC advances 3.2% 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 -1.635% in a week (0% probabilities). VIXM(-37%) UUP(-30%) VXX(-10%) TBT(-4%) EDOC(2%) |
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 | -1.635% (StdDev 3.27%) |
Hourly BBV | 0 () |
Intraday Trend | 0.9% |
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