| EDIT latest price $64.9500 (5.09%) ($64.9500 - $64.9500) on Tue. Dec. 15, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.29% (three month average) |
RSI | 90 |
Latest Price | $64.9500(5.09%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 7.7% a day on average for past five trading days. |
Weekly Trend | EDIT advances 47.4% a week on average for past two weeks. |
Market Behavior | Broad based 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 -3.145% in a week (0% probabilities). VIXM(-28%) UUP(-14%) VXX(-12%) TBT(-7%) IGOV(-4%) |
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 | -3.145% (StdDev 6.29%) |
Hourly BBV | 0.8 () |
Intraday Trend | 0% |
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