| EDC latest price $28.4300 (-0.35%) ($28.0090 - $28.5200) on Mon. Dec. 18, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.9% (three month average) |
RSI | 51 |
Latest Price | $28.4300(-0.35%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 1.2% a day on average for past five trading days. |
Weekly Trend | EDC advances 1% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support EDC advance at 0% a week (0% probability) EEM(96%) XLY(96%) EWY(94%) IWO(93%) VT(92%) |
Factors Impacting EDC price | EDC will decline at least -1.45% in a week (0% probabilities). VXX(-86%) SHY(7%) VIXM(-64%) EDOC(-36%) UUP(-18%) |
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 | -1.45% (StdDev 2.9%) |
Hourly BBV | -0.8 () |
Intraday Trend | -0.3% |
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