| EDIT latest price $19.5300 (-3.84%) ($19.5300 - $19.5300) on Wed. Mar. 30, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.95% (three month average) |
RSI | 64 |
Latest Price | $19.5300(-3.84%) |
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 11.7% a week on average for past two weeks. |
Market Behavior | Growth stock 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(68%) IWO(63%) IWC(62%) IBUY(61%) IWM(60%) |
Factors Impacting EDIT price | EDIT will decline at least -2.475% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.475% (StdDev 4.95%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
| |
|
|