| EDIT latest price $63.2250 (1.96%) ($63.2250 - $63.2250) on Thu. Feb. 4, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.7% (three month average) |
RSI | 29 |
Latest Price | $63.2250(1.96%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 0.8% a day on average for past five trading days. |
Weekly Trend | EDIT declines -6.1% 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(58%) IWM(57%) |
Factors Impacting EDIT price | EDIT will decline at least -3.85% in a week (0% probabilities). VIXM(-31%) UUP(-16%) VXX(-13%) 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 | -3.85% (StdDev 7.7%) |
Hourly BBV | -0.7 () |
Intraday Trend | 0% |
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