| EDIT latest price $47.3800 (1.3%) ($47.3800 - $47.3800) on Thu. Mar. 11, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.62% (three month average) |
RSI | 36 |
Latest Price | $47.3800(1.3%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 3.4% a day on average for past five trading days. |
Weekly Trend | EDIT declines -5.8% a week on average for past two weeks. |
Market Behavior | Growth 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%) IPO(56%) |
Factors Impacting EDIT price | EDIT will decline at least -3.31% in a week (0% probabilities). VIXM(-31%) UUP(-16%) VXX(-13%) TBT(-8%) 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 | -3.31% (StdDev 6.62%) |
Hourly BBV | 0.5 () |
Intraday Trend | 0% |
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