| EDIT latest price $19.5800 (2.62%) ($18.8000 - $20.4200) on Mon. Mar. 23, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.5% (three month average) |
RSI | 48 |
Latest Price | $19.5800(2.62%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 5.3% a day on average for past five trading days. |
Weekly Trend | EDIT declines -9.8% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support EDIT advance at 0% a week (0% probability) IBB(63%) ARKG(58%) IWO(57%) XBI(57%) IBUY(55%) |
Factors Impacting EDIT price | EDIT will decline at least -2.75% in a week (0% probabilities). VIXM(-30%) VXX(-15%) UUP(-8%) TLT(-1%) TBT(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 | -2.75% (StdDev 5.5%) |
Hourly BBV | 0 () |
Intraday Trend | 3.1% |
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