| EDC latest price $26.9700 (0.56%) ($26.4200 - $27.0200) on Tue. Dec. 12, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.83% (three month average) |
RSI | 41 |
Latest Price | $26.9700(0.56%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 0.3% a day on average for past five trading days. |
Weekly Trend | EDC declines -1.7% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support EDC advance at 0% a week (0% probability) IVE(95%) EEM(93%) FXI(90%) XLY(90%) DRIV(89%) |
Factors Impacting EDC price | EDC will decline at least -1.415% in a week (0% probabilities). VXX(-70%) VIXM(-66%) UUP(-21%) TBT(-15%) BLOK(13%) |
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 | -1.415% (StdDev 2.83%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0.9% |
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