| EDIT latest price $37.9050 (0.84%) ($37.9050 - $37.9050) on Wed. Oct. 13, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.18% (three month average) |
RSI | 18 |
Latest Price | $37.9050(0.84%) |
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 -17.2% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support EDIT advance at 0% a week (0% probability) IBB(69%) IWO(64%) IBUY(62%) IWC(62%) IWM(60%) |
Factors Impacting EDIT price | EDIT will decline at least -2.59% in a week (0% probabilities). VIXM(-32%) UUP(-16%) VXX(-12%) TBT(-8%) UNG(-2%) |
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 | -2.59% (StdDev 5.18%) |
Hourly BBV | 0.4 () |
Intraday Trend | 0% |
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