| EDC latest price $39.7800 (4.55%) ($38.3300 - $40.2400) on Thu. May. 19, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.53% (three month average) |
RSI | 41 |
Latest Price | $39.7800(4.55%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 2.1% a day on average for past five trading days. |
Weekly Trend | EDC declines -6.2% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off 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(83%) |
Factors Impacting EDC price | EDC will decline at least -2.765% in a week (0% probabilities). UUP(-27%) VIXM(-26%) VXX(-7%) TBT(-1%) UNG(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 | -2.765% (StdDev 5.53%) |
Hourly BBV | -0 () |
Intraday Trend | 3.8% |
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