EDC's RSI Indicator peaks and leaves overbought zone
The 10-day RSI Indicator for EDC moved out of overbought territory on July 24, 2025. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 29 instances where the indicator moved out of the overbought zone. In of the 29 cases the stock moved lower in the days that followed. This puts the odds of a move down at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 7 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where EDC declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
EDC broke above its upper Bollinger Band on July 23, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for EDC just turned positive on July 21, 2025. Looking at past instances where EDC's MACD turned positive, the stock continued to rise in of 47 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where EDC advanced for three days, in of 313 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 194 cases where EDC Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Advertisement
General Information
Category Trading
EDC and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, EDC has been closely correlated with SOXL. These tickers have moved in lockstep 69% of the time. This A.I.-generated data suggests there is a high statistical probability that if EDC jumps, then SOXL could also see price increases.
| Ticker / NAME | Correlation To EDC | 1D Price Change % | ||
|---|---|---|---|---|
| EDC | 100% | -0.78% | ||
| SOXL - EDC | 69% Closely correlated | -0.08% | ||
| TQQQ - EDC | 68% Closely correlated | +0.57% | ||
| SPXL - EDC | 68% Closely correlated | +1.11% | ||
| QLD - EDC | 68% Closely correlated | +0.40% | ||
| SSO - EDC | 67% Closely correlated | +0.75% | ||
More | ||||