| EDIT latest price $81.0300 (-3.1%) ($81.0300 - $81.0300) on Tue. Dec. 22, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.21% (three month average) |
RSI | 90 |
Latest Price | $81.0300(-3.1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 4.7% a day on average for past five trading days. |
Weekly Trend | EDIT advances 34.4% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support EDIT advance at 0% a week (0% probability) IBB(64%) IWO(59%) IWC(57%) IBUY(56%) ARKG(55%) |
Factors Impacting EDIT price | EDIT will decline at least -3.605% in a week (0% probabilities). VIXM(-30%) UUP(-15%) VXX(-12%) TBT(-7%) 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 | -3.605% (StdDev 7.21%) |
Hourly BBV | 0.3 () |
Intraday Trend | 0% |
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