| EDIT latest price $34.3400 (3.46%) ($33.5700 - $36.7800) on Tue. Jun. 23, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.81% (three month average) |
RSI | 69 |
Latest Price | $34.3400(3.46%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 2.2% a day on average for past five trading days. |
Weekly Trend | EDIT advances 10.3% 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(61%) IWO(58%) ARKG(56%) IBUY(54%) IWC(54%) |
Factors Impacting EDIT price | EDIT will decline at least -2.405% in a week (0% probabilities). VIXM(-29%) UUP(-15%) VXX(-13%) TBT(-6%) IYT(-1%) |
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 | -2.405% (StdDev 4.81%) |
Hourly BBV | 0 () |
Intraday Trend | 1.9% |
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