| EDIT latest price $17.0000 (13.3%) ($17.0000 - $17.0000) on Tue. Jul. 19, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.77% (three month average) |
RSI | 71 |
Latest Price | $17.0000(13.3%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 3.5% a day on average for past five trading days. |
Weekly Trend | EDIT advances 10.6% 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(61%) IWC(58%) IWO(55%) IWM(54%) IBUY(52%) |
Factors Impacting EDIT price | EDIT will decline at least -3.385% in a week (0% probabilities). VIXM(-20%) UUP(-16%) VXX(-9%) TBT(-9%) 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 | -3.385% (StdDev 6.77%) |
Hourly BBV | 2 () |
Intraday Trend | 0% |
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