| EDC latest price $29.7700 (1.88%) ($29.4000 - $30.7850) on Thu. Mar. 23, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.42% (three month average) |
RSI | 35 |
Latest Price | $29.7700(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 declines -3.5% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support EDC advance at 0% a week (0% probability) EEM(98%) VWO(96%) MCHI(88%) FXI(86%) KWEB(84%) |
Factors Impacting EDC price | EDC will decline at least -1.71% in a week (0% probabilities). VXX(-52%) VIXM(-52%) UUP(-36%) TBT(-15%) SHY(-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 | -1.71% (StdDev 3.42%) |
Hourly BBV | 0.5 () |
Intraday Trend | -1.6% |
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