| EDIT latest price $16.9450 (-2.73%) ($16.9450 - $16.9450) on Thu. Jul. 21, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.72% (three month average) |
RSI | 75 |
Latest Price | $16.9450(-2.73%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 2.4% a day on average for past five trading days. |
Weekly Trend | EDIT advances 9% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock 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(51%) |
Factors Impacting EDIT price | EDIT will decline at least -3.36% in a week (0% probabilities). VIXM(-19%) UUP(-15%) TBT(-10%) VXX(-9%) UNG(1%) |
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 | -3.36% (StdDev 6.72%) |
Hourly BBV | -0.3 () |
Intraday Trend | 0% |
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