| EDIT latest price $21.1200 (-1.08%) ($20.8800 - $22.2500) on Tue. Apr. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.88% (three month average) |
RSI | 63 |
Latest Price | $21.1200(-1.08%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 1.3% a day on average for past five trading days. |
Weekly Trend | EDIT advances 0.8% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support EDIT advance at 0% a week (0% probability) IBB(62%) ARKG(58%) IWO(57%) XBI(56%) ARKK(54%) |
Factors Impacting EDIT price | EDIT will decline at least -2.94% in a week (0% probabilities). VIXM(-30%) VXX(-14%) UUP(-14%) TBT(-4%) UNG(2%) |
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 | -2.94% (StdDev 5.88%) |
Hourly BBV | 0 () |
Intraday Trend | -3.8% |
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