| EDIT latest price $23.0100 (4.78%) ($22.3900 - $23.7200) on Wed. Mar. 4, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.87% (three month average) |
RSI | 30 |
Latest Price | $23.0100(4.78%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 0.5% a day on average for past five trading days. |
Weekly Trend | EDIT declines -9% 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 EDIT advance at 0% a week (0% probability) IBB(63%) ARKG(59%) IWO(58%) XBI(58%) IBUY(56%) |
Factors Impacting EDIT price | EDIT will decline at least -1.435% in a week (0% probabilities). VIXM(-32%) VXX(-17%) UUP(-7%) TLT(-2%) IGOV(0%) |
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 | -1.435% (StdDev 2.87%) |
Hourly BBV | 0 () |
Intraday Trend | -2.3% |
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