| EDIT latest price $25.0100 (-2.3%) ($24.5100 - $25.6600) on Wed. May. 6, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.27% (three month average) |
RSI | 59 |
Latest Price | $25.0100(-2.3%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 0.6% a day on average for past five trading days. |
Weekly Trend | EDIT advances 0.3% a week on average for past two weeks. |
Market Behavior | Value stocks 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(62%) ARKG(57%) IWO(57%) XBI(55%) ARKK(53%) |
Factors Impacting EDIT price | EDIT will decline at least -3.135% in a week (0% probabilities). VIXM(-29%) VXX(-14%) UUP(-14%) TBT(-5%) IYT(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 | -3.135% (StdDev 6.27%) |
Hourly BBV | 0 () |
Intraday Trend | -1.3% |
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