| EDIT latest price $17.4200 (2.47%) ($17.4200 - $17.4200) on Wed. Jul. 20, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.76% (three month average) |
RSI | 74 |
Latest Price | $17.4200(2.47%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 1.6% a day on average for past five trading days. |
Weekly Trend | EDIT advances 9.9% a week on average for past two weeks. |
Market Behavior | Growth stock 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 -3.38% 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 | -3.38% (StdDev 6.76%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0% |
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