| EDIT latest price $34.4900 (-0.4%) ($33.3300 - $35.5300) on Thu. Jul. 9, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.69% (three month average) |
RSI | 56 |
Latest Price | $34.4900(-0.4%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 2.3% a day on average for past five trading days. |
Weekly Trend | EDIT advances 0.4% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support EDIT advance at 0% a week (0% probability) IBB(61%) IWO(58%) ARKG(56%) IBUY(54%) XBI(54%) |
Factors Impacting EDIT price | EDIT will decline at least -2.345% in a week (0% probabilities). VIXM(-28%) UUP(-15%) VXX(-12%) TBT(-7%) IYT(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.345% (StdDev 4.69%) |
Hourly BBV | 0 () |
Intraday Trend | -0.6% |
| |
|
|