| EDZ latest price $54.1900 (2.54%) ($51.7286 - $54.6333) on Wed. Oct. 3, 2018. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.33% (three month average) |
RSI | 47 |
Latest Price | $54.1900(2.54%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDZ advances 1.4% a day on average for past five trading days. |
Weekly Trend | EDZ declines -2.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support EDZ advance at 0% a week (0% probability) VXX(22%) UUP(21%) TLT(19%) VIXM(19%) IFRA(14%) |
Factors Impacting EDZ price | EDZ will decline at least -1.665% in a week (0% probabilities). EEM(-99%) VWO(-92%) MCHI(-87%) FXI(-87%) EWY(-87%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.665% (StdDev 3.33%) |
Hourly BBV | 0 () |
Intraday Trend | 4.5% |
| |
|
|