| EDIT latest price $18.7700 (-0.21%) ($18.7700 - $18.7700) on Fri. Mar. 25, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.83% (three month average) |
RSI | 63 |
Latest Price | $18.7700(-0.21%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 0.5% a day on average for past five trading days. |
Weekly Trend | EDIT advances 7.8% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Rotation from growth to value 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 -2.415% in a week (0% probabilities). VIXM(-31%) UUP(-16%) VXX(-10%) TBT(-10%) 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 | -2.415% (StdDev 4.83%) |
Hourly BBV | 0.4 () |
Intraday Trend | 0% |
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