| EDIT latest price $11.5100 (-1.37%) ($11.5100 - $11.5100) on Tue. May. 31, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.93% (three month average) |
RSI | 53 |
Latest Price | $11.5100(-1.37%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 1.1% a day on average for past five trading days. |
Weekly Trend | EDIT declines -0.7% a week on average for past two weeks. |
Market Behavior | Value stocks 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(65%) IWC(60%) IWO(58%) IBUY(56%) IWM(56%) |
Factors Impacting EDIT price | EDIT will decline at least -2.965% in a week (0% probabilities). VIXM(-24%) UUP(-14%) TBT(-11%) VXX(-9%) UNG(-2%) |
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 | -2.965% (StdDev 5.93%) |
Hourly BBV | 0.1 () |
Intraday Trend | 0% |
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