| EDIT latest price $12.4700 (7.5%) ($12.4700 - $12.5000) on Tue. Jun. 7, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.93% (three month average) |
RSI | 55 |
Latest Price | $12.4700(7.5%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 1.7% a day on average for past five trading days. |
Weekly Trend | EDIT advances 3.5% 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(65%) IWC(59%) IWO(57%) IBUY(55%) IWM(55%) |
Factors Impacting EDIT price | EDIT will decline at least -2.965% in a week (0% probabilities). VIXM(-24%) UUP(-14%) TBT(-12%) 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 | 1.8 () |
Intraday Trend | 0% |
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