| EDIT latest price $43.0400 (9.38%) ($43.0400 - $43.0400) on Tue. Dec. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.39% (three month average) |
RSI | 85 |
Latest Price | $43.0400(9.38%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 6.5% a day on average for past five trading days. |
Weekly Trend | EDIT advances 14% a week on average for past two weeks. |
Market Behavior | Value 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(62%) IWO(58%) ARKG(55%) IWC(55%) IBUY(54%) |
Factors Impacting EDIT price | EDIT will decline at least -2.195% in a week (0% probabilities). VIXM(-28%) UUP(-15%) VXX(-12%) TBT(-7%) 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 | -2.195% (StdDev 4.39%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0% |
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