| EDIT latest price $32.1700 (4.86%) ($30.4000 - $33.0900) on Tue. Jul. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.7% (three month average) |
RSI | 55 |
Latest Price | $32.1700(4.86%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 1.9% a day on average for past five trading days. |
Weekly Trend | EDIT declines -1.5% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off 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%) XBI(54%) |
Factors Impacting EDIT price | EDIT will decline at least -2.35% in a week (0% probabilities). VIXM(-28%) UUP(-15%) VXX(-12%) TBT(-7%) IYT(-2%) |
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 | -2.35% (StdDev 4.7%) |
Hourly BBV | 0 () |
Intraday Trend | 4.9% |
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