| EDIT latest price $41.4800 (-0.07%) ($41.4800 - $41.4800) on Wed. Apr. 14, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.8% (three month average) |
RSI | 53 |
Latest Price | $41.4800(-0.07%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 0.6% a day on average for past five trading days. |
Weekly Trend | EDIT declines -0.3% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support EDIT advance at 0% a week (0% probability) IBB(65%) IWO(61%) IWC(59%) IBUY(58%) IWM(56%) |
Factors Impacting EDIT price | EDIT will decline at least -2.4% in a week (0% probabilities). VIXM(-31%) UUP(-16%) VXX(-12%) TBT(-7%) UNG(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.4% (StdDev 4.8%) |
Hourly BBV | 0.3 () |
Intraday Trend | 0% |
| |
|
|