| EDIT latest price $46.7700 (2.62%) ($46.7700 - $46.7700) on Wed. Mar. 10, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.68% (three month average) |
RSI | 37 |
Latest Price | $46.7700(2.62%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 1.6% a day on average for past five trading days. |
Weekly Trend | EDIT declines -9.4% a week on average for past two weeks. |
Market Behavior | Value stock 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%) IBUY(59%) IWC(59%) IWM(57%) |
Factors Impacting EDIT price | EDIT will decline at least -3.34% in a week (0% probabilities). VIXM(-31%) UUP(-16%) VXX(-13%) TBT(-7%) IGOV(-2%) |
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 | -3.34% (StdDev 6.68%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0% |
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