| EDIT latest price $66.7650 (-4.28%) ($66.7650 - $66.7650) on Tue. Feb. 9, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.75% (three month average) |
RSI | 42 |
Latest Price | $66.7650(-4.28%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 0.3% a day on average for past five trading days. |
Weekly Trend | EDIT advances 0.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support EDIT advance at 0% a week (0% probability) IBB(66%) IWO(62%) IWC(59%) IBUY(58%) IWM(57%) |
Factors Impacting EDIT price | EDIT will decline at least -3.875% in a week (0% probabilities). VIXM(-32%) 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 | -3.875% (StdDev 7.75%) |
Hourly BBV | 0.1 () |
Intraday Trend | 0% |
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