| EDIT latest price $10.7150 (-7.55%) ($10.7150 - $10.7150) on Wed. May. 18, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.92% (three month average) |
RSI | 40 |
Latest Price | $10.7150(-7.55%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 1.3% a day on average for past five trading days. |
Weekly Trend | EDIT declines -11.5% 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(67%) IWC(62%) IWO(60%) IBUY(59%) IWM(58%) |
Factors Impacting EDIT price | EDIT will decline at least -2.96% in a week (0% probabilities). VIXM(-26%) UUP(-14%) VXX(-9%) TBT(-8%) 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 | -2.96% (StdDev 5.92%) |
Hourly BBV | -1.8 () |
Intraday Trend | 0% |
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