| EDIT latest price $42.8900 (0.14%) ($42.8900 - $42.8900) on Tue. Apr. 6, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.31% (three month average) |
RSI | 45 |
Latest Price | $42.8900(0.14%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 1.5% a day on average for past five trading days. |
Weekly Trend | EDIT declines -3.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support EDIT advance at 0% a week (0% probability) IBB(65%) IWO(60%) IWC(59%) IBUY(58%) IWM(56%) |
Factors Impacting EDIT price | EDIT will decline at least -2.655% in a week (0% probabilities). VIXM(-31%) UUP(-15%) 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 | -2.655% (StdDev 5.31%) |
Hourly BBV | -0.3 () |
Intraday Trend | 0% |
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