| EDIT latest price $31.8800 (0.98%) ($30.9100 - $31.9900) on Tue. Aug. 4, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.53% (three month average) |
RSI | 46 |
Latest Price | $31.8800(0.98%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 1.1% a day on average for past five trading days. |
Weekly Trend | EDIT declines -1.9% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock rally 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%) IWC(54%) |
Factors Impacting EDIT price | EDIT will decline at least -2.265% 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 | -2.265% (StdDev 4.53%) |
Hourly BBV | 0 () |
Intraday Trend | 0.3% |
| |
|
|