| EDIT latest price $61.0700 (1.7%) ($61.0700 - $61.0700) on Tue. Aug. 17, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.27% (three month average) |
RSI | 86 |
Latest Price | $61.0700(1.7%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 0.1% a day on average for past five trading days. |
Weekly Trend | EDIT advances 20.9% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support EDIT advance at 0% a week (0% probability) IBB(68%) IWO(63%) IWC(62%) IBUY(61%) IWM(59%) |
Factors Impacting EDIT price | EDIT will decline at least -2.635% in a week (0% probabilities). VIXM(-33%) 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 | -2.635% (StdDev 5.27%) |
Hourly BBV | -0.3 () |
Intraday Trend | 0% |
| |
|
|