| EDIT latest price $32.4500 (8.56%) ($30.3300 - $33.5500) on Thu. Jun. 18, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.95% (three month average) |
RSI | 66 |
Latest Price | $32.4500(8.56%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 5.3% a day on average for past five trading days. |
Weekly Trend | EDIT advances 4.9% 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 -2.475% 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 | -2.475% (StdDev 4.95%) |
Hourly BBV | 0 () |
Intraday Trend | 4.7% |
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