| EDIT latest price $13.4450 (-0.33%) ($13.4450 - $13.4450) on Fri. Jun. 24, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 6.22% (three month average) |
RSI | 58 |
Latest Price | $13.4450(-0.33%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 5.6% a day on average for past five trading days. |
Weekly Trend | EDIT advances 2% 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(64%) IWC(58%) IWO(56%) IBUY(55%) IWM(54%) |
Factors Impacting EDIT price | EDIT will decline at least -3.11% in a week (0% probabilities). VIXM(-21%) UUP(-12%) TBT(-10%) VXX(-9%) UNG(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -3.11% (StdDev 6.22%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0% |
| |
|
|