| EDC latest price $36.3900 (-0.66%) ($36.2000 - $37.0300) on Tue. Aug. 9, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.93% (three month average) |
RSI | 58 |
Latest Price | $36.3900(-0.66%) |
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 1.7% 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%) KWEB(84%) EWY(81%) |
Factors Impacting EDC price | EDC will decline at least -1.965% in a week (0% probabilities). UUP(-23%) VIXM(-18%) TBT(-8%) VXX(-6%) 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 | -1.965% (StdDev 3.93%) |
Hourly BBV | -0.7 () |
Intraday Trend | -1.5% |
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