| EDIT latest price $48.3400 (7.76%) ($48.3400 - $48.3400) on Mon. Mar. 22, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.5% (three month average) |
RSI | 54 |
Latest Price | $48.3400(7.76%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 0.2% a day on average for past five trading days. |
Weekly Trend | EDIT advances 3.6% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Value stock sell-off 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%) IPO(56%) |
Factors Impacting EDIT price | EDIT will decline at least -2.75% in a week (0% probabilities). VIXM(-31%) UUP(-16%) VXX(-13%) TBT(-7%) IGOV(-3%) |
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 | -2.75% (StdDev 5.5%) |
Hourly BBV | 2 () |
Intraday Trend | 0% |
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