| EDIT latest price $16.4450 (3.82%) ($16.4450 - $16.4450) on Tue. Aug. 2, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.6% (three month average) |
RSI | 53 |
Latest Price | $16.4450(3.82%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 0.2% a day on average for past five trading days. |
Weekly Trend | EDIT advances 1.8% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support EDIT advance at 0% a week (0% probability) IBB(61%) IWC(57%) IWO(54%) IWM(53%) IBUY(51%) |
Factors Impacting EDIT price | EDIT will decline at least -3.3% in a week (0% probabilities). VIXM(-19%) UUP(-15%) TBT(-10%) VXX(-9%) 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 | -3.3% (StdDev 6.6%) |
Hourly BBV | 0.6 () |
Intraday Trend | 0% |
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