| EDC latest price $57.3800 (-0.92%) ($57.0900 - $58.8800) on Wed. Mar. 30, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.2% (three month average) |
RSI | 62 |
Latest Price | $57.3800(-0.92%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 0.8% a day on average for past five trading days. |
Weekly Trend | EDC advances 7.7% a week on average for past two weeks. |
Market Behavior | Growth stock 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%) EWY(83%) KWEB(83%) |
Factors Impacting EDC price | EDC will decline at least -2.6% in a week (0% probabilities). VIXM(-32%) UUP(-28%) VXX(-8%) 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 | -2.6% (StdDev 5.2%) |
Hourly BBV | 0.3 () |
Intraday Trend | -0.3% |
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