| EDIT latest price $42.5300 (5.34%) ($42.5300 - $42.5300) on Wed. Mar. 31, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.46% (three month average) |
RSI | 42 |
Latest Price | $42.5300(5.34%) |
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 -6.4% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth 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(61%) IWC(59%) IBUY(58%) IWM(56%) |
Factors Impacting EDIT price | EDIT will decline at least -2.73% in a week (0% probabilities). VIXM(-31%) UUP(-16%) VXX(-12%) 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 | -2.73% (StdDev 5.46%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0% |
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