| EDIT latest price $24.0500 (-1.11%) ($24.0200 - $25.5500) on Thu. Apr. 23, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.99% (three month average) |
RSI | 71 |
Latest Price | $24.0500(-1.11%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 0.7% a day on average for past five trading days. |
Weekly Trend | EDIT advances 8.3% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support EDIT advance at 0% a week (0% probability) IBB(62%) ARKG(57%) IWO(57%) XBI(56%) IBUY(54%) |
Factors Impacting EDIT price | EDIT will decline at least -2.995% in a week (0% probabilities). VIXM(-29%) VXX(-14%) UUP(-14%) TBT(-5%) IYT(1%) |
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 | -2.995% (StdDev 5.99%) |
Hourly BBV | 0 () |
Intraday Trend | -0.9% |
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