| EDIT latest price $89.5550 (11.37%) ($89.5550 - $90.6200) on Thu. Jan. 7, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.42% (three month average) |
RSI | 71 |
Latest Price | $89.5550(11.37%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 3.6% a day on average for past five trading days. |
Weekly Trend | EDIT advances 3.8% 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(66%) IWO(61%) IWC(59%) IBUY(57%) ARKG(56%) |
Factors Impacting EDIT price | EDIT will decline at least -3.71% in a week (0% probabilities). VIXM(-32%) UUP(-15%) VXX(-13%) 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 | -3.71% (StdDev 7.42%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0% |
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