| EDC latest price $28.5800 (3.81%) ($27.8500 - $28.6720) on Mon. Nov. 20, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.96% (three month average) |
RSI | 78 |
Latest Price | $28.5800(3.81%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 2.2% a day on average for past five trading days. |
Weekly Trend | EDC advances 6.9% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support EDC advance at 0% a week (0% probability) EEM(93%) VWO(89%) MCHI(88%) DRIV(85%) XLY(85%) |
Factors Impacting EDC price | EDC will decline at least -1.48% in a week (0% probabilities). VXX(-37%) VIXM(-27%) UUP(-26%) TBT(-10%) SHY(14%) |
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 | -1.48% (StdDev 2.96%) |
Hourly BBV | 1.7 () |
Intraday Trend | 2.4% |
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