| EDIT latest price $40.9400 (-1.3%) ($40.9400 - $40.9400) on Thu. Apr. 15, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.79% (three month average) |
RSI | 46 |
Latest Price | $40.9400(-1.3%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 0.2% a day on average for past five trading days. |
Weekly Trend | EDIT declines -0.6% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal 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 -2.395% in a week (0% probabilities). VIXM(-31%) UUP(-16%) VXX(-12%) TBT(-7%) IGOV(-4%) |
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 | -2.395% (StdDev 4.79%) |
Hourly BBV | 0.2 () |
Intraday Trend | 0% |
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