| EDIT latest price $20.8400 (-3.96%) ($20.5400 - $23.2600) on Wed. Mar. 25, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.66% (three month average) |
RSI | 43 |
Latest Price | $20.8400(-3.96%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 2.6% a day on average for past five trading days. |
Weekly Trend | EDIT declines -4.4% 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(63%) ARKG(58%) IWO(57%) XBI(57%) IBUY(55%) |
Factors Impacting EDIT price | EDIT will decline at least -2.83% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.83% (StdDev 5.66%) |
Hourly BBV | 0 () |
Intraday Trend | -4.9% |
| |
|
|