| EDIT latest price $15.2050 (6.33%) ($15.2050 - $15.2050) on Thu. Jul. 7, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.53% (three month average) |
RSI | 76 |
Latest Price | $15.2050(6.33%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 4.6% a day on average for past five trading days. |
Weekly Trend | EDIT advances 10.1% 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(62%) IWC(59%) IWO(55%) IWM(54%) IBUY(53%) |
Factors Impacting EDIT price | EDIT will decline at least -3.265% in a week (0% probabilities). VIXM(-20%) UUP(-14%) TBT(-9%) VXX(-8%) EDOC(-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 | -3.265% (StdDev 6.53%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0% |
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