| EDIT latest price $19.9600 (-4.95%) ($19.7000 - $20.8600) on Fri. Mar. 27, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.66% (three month average) |
RSI | 49 |
Latest Price | $19.9600(-4.95%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 0.9% a day on average for past five trading days. |
Weekly Trend | EDIT advances 2.3% a week on average for past two weeks. |
Market Behavior | Broad based 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(62%) ARKG(57%) IWO(56%) XBI(56%) ARKK(53%) |
Factors Impacting EDIT price | EDIT will decline at least -2.83% in a week (0% probabilities). VIXM(-28%) VXX(-14%) UUP(-13%) TBT(-3%) UNG(2%) |
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 | -2.5% |
| |
|
|