| EDIT latest price $18.2600 (-0.98%) ($18.2600 - $19.2800) on Wed. Mar. 23, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.88% (three month average) |
RSI | 57 |
Latest Price | $18.2600(-0.98%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 2.5% a day on average for past five trading days. |
Weekly Trend | EDIT advances 6% 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(69%) IWO(63%) IBUY(62%) IWC(62%) IWM(60%) |
Factors Impacting EDIT price | EDIT will decline at least -2.44% 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 | -2.44% (StdDev 4.88%) |
Hourly BBV | 0.3 () |
Intraday Trend | 0% |
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