| EDIT latest price $64.4500 (-0.77%) ($64.4500 - $64.4500) on Wed. Dec. 16, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.28% (three month average) |
RSI | 90 |
Latest Price | $64.4500(-0.77%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 4.5% a day on average for past five trading days. |
Weekly Trend | EDIT advances 47.1% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal 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 -3.14% 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 | -3.14% (StdDev 6.28%) |
Hourly BBV | 0.4 () |
Intraday Trend | 0% |
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