| EDC latest price $29.1100 (2.39%) ($28.7200 - $29.2400) on Tue. Dec. 19, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.89% (three month average) |
RSI | 60 |
Latest Price | $29.1100(2.39%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 1.5% a day on average for past five trading days. |
Weekly Trend | EDC advances 2.4% 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(96%) XLY(96%) EWY(94%) IWO(93%) VT(92%) |
Factors Impacting EDC price | EDC will decline at least -1.445% in a week (0% probabilities). VXX(-86%) VIXM(-64%) UUP(-18%) TBT(-11%) TIP(31%) |
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 | -1.445% (StdDev 2.89%) |
Hourly BBV | 1.1 () |
Intraday Trend | 1.1% |
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