| EDIT latest price $18.6600 (-0.59%) ($18.6600 - $18.6600) on Mon. Mar. 28, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.82% (three month average) |
RSI | 63 |
Latest Price | $18.6600(-0.59%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 1.4% a day on average for past five trading days. |
Weekly Trend | EDIT advances 9.4% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support EDIT advance at 0% a week (0% probability) IBB(68%) IWO(63%) IWC(62%) IBUY(61%) IWM(60%) |
Factors Impacting EDIT price | EDIT will decline at least -2.41% in a week (0% probabilities). VIXM(-30%) UUP(-15%) VXX(-10%) TBT(-10%) UNG(-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 | -2.41% (StdDev 4.82%) |
Hourly BBV | -0.3 () |
Intraday Trend | 0% |
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