| EDIT latest price $19.0900 (2.52%) ($19.0900 - $19.0900) on Thu. Aug. 4, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.64% (three month average) |
RSI | 73 |
Latest Price | $19.0900(2.52%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 3.3% a day on average for past five trading days. |
Weekly Trend | EDIT advances 3% 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(52%) |
Factors Impacting EDIT price | EDIT will decline at least -3.32% in a week (0% probabilities). VIXM(-19%) UUP(-15%) TBT(-10%) VXX(-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 | -3.32% (StdDev 6.64%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0% |
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