| EDIT latest price $44.0400 (5.13%) ($44.0400 - $44.0400) on Mon. Jun. 28, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.8% (three month average) |
RSI | 72 |
Latest Price | $44.0400(5.13%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 3.7% a day on average for past five trading days. |
Weekly Trend | EDIT advances 4.8% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth 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(60%) IBUY(58%) IWM(57%) |
Factors Impacting EDIT price | EDIT will decline at least -1.9% in a week (0% probabilities). VIXM(-32%) UUP(-16%) VXX(-12%) TBT(-6%) UNG(0%) |
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 | -1.9% (StdDev 3.8%) |
Hourly BBV | 0.7 () |
Intraday Trend | 0% |
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