| EDIT latest price $30.1000 (2.8%) ($28.6900 - $30.1900) on Fri. May. 22, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.4% (three month average) |
RSI | 67 |
Latest Price | $30.1000(2.8%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 2.8% a day on average for past five trading days. |
Weekly Trend | EDIT advances 7.3% 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%) IWO(58%) ARKG(57%) XBI(55%) IBUY(54%) |
Factors Impacting EDIT price | EDIT will decline at least -3.2% in a week (0% probabilities). VIXM(-29%) UUP(-15%) VXX(-13%) TBT(-6%) UNG(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 | -3.2% (StdDev 6.4%) |
Hourly BBV | 0 () |
Intraday Trend | 2.5% |
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