| EDC latest price $34.9000 (4.27%) ($34.1510 - $35.0000) on Mon. Sep. 12, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.59% (three month average) |
RSI | 49 |
Latest Price | $34.9000(4.27%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 1.1% a day on average for past five trading days. |
Weekly Trend | EDC declines -5.2% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support EDC advance at 0% a week (0% probability) EEM(98%) MCHI(89%) FXI(88%) KWEB(85%) EWY(82%) |
Factors Impacting EDC price | EDC will decline at least -1.795% in a week (0% probabilities). UUP(-22%) VIXM(-16%) TBT(-7%) VXX(-6%) 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 | -1.795% (StdDev 3.59%) |
Hourly BBV | 1.2 () |
Intraday Trend | 1.4% |
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