| EDIT latest price $15.8300 (11.87%) ($15.8300 - $15.9300) on Wed. May. 4, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.18% (three month average) |
RSI | 35 |
Latest Price | $15.8300(11.87%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 3.3% a day on average for past five trading days. |
Weekly Trend | EDIT declines -6.6% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support EDIT advance at 0% a week (0% probability) IBB(68%) IWO(62%) IWC(61%) IBUY(60%) IWM(59%) |
Factors Impacting EDIT price | EDIT will decline at least -2.59% in a week (0% probabilities). VIXM(-29%) UUP(-15%) VXX(-10%) TBT(-9%) 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 | -2.59% (StdDev 5.18%) |
Hourly BBV | 3.2 () |
Intraday Trend | 0% |
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