| EDIT latest price $24.3300 (-0.73%) ($23.6000 - $24.8800) on Thu. May. 14, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.43% (three month average) |
RSI | 49 |
Latest Price | $24.3300(-0.73%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 0.2% a day on average for past five trading days. |
Weekly Trend | EDIT advances 1.8% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support EDIT advance at 0% a week (0% probability) IBB(62%) IWO(58%) ARKG(57%) XBI(55%) ARKK(53%) |
Factors Impacting EDIT price | EDIT will decline at least -3.215% in a week (0% probabilities). VIXM(-29%) UUP(-15%) VXX(-13%) 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 | -3.215% (StdDev 6.43%) |
Hourly BBV | 0 () |
Intraday Trend | -0.5% |
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