| EDIT latest price $17.3500 (-5.35%) ($17.2700 - $17.3500) on Mon. Mar. 21, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.81% (three month average) |
RSI | 49 |
Latest Price | $17.3500(-5.35%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 4% a day on average for past five trading days. |
Weekly Trend | EDIT advances 0.9% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support EDIT advance at 0% a week (0% probability) IBB(69%) IWO(63%) IBUY(62%) IWC(62%) IWM(60%) |
Factors Impacting EDIT price | EDIT will decline at least -2.405% in a week (0% probabilities). VIXM(-31%) UUP(-16%) VXX(-11%) TBT(-11%) 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 | -2.405% (StdDev 4.81%) |
Hourly BBV | -0.2 () |
Intraday Trend | 0% |
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