| EDIT latest price $21.0000 (0.77%) ($20.2700 - $22.3400) on Thu. Mar. 26, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.66% (three month average) |
RSI | 46 |
Latest Price | $21.0000(0.77%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 1% a day on average for past five trading days. |
Weekly Trend | EDIT declines -0.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support EDIT advance at 0% a week (0% probability) IBB(62%) ARKG(58%) IWO(56%) XBI(56%) IBUY(54%) |
Factors Impacting EDIT price | EDIT will decline at least -2.83% in a week (0% probabilities). VIXM(-28%) VXX(-14%) UUP(-12%) TBT(-1%) TLT(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 | -2.83% (StdDev 5.66%) |
Hourly BBV | 0 () |
Intraday Trend | -0.9% |
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