| EDIT latest price $30.6900 (-1%) ($30.4200 - $32.3400) on Thu. Oct. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.06% (three month average) |
RSI | 37 |
Latest Price | $30.6900(-1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 1.8% a day on average for past five trading days. |
Weekly Trend | EDIT declines -3.8% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support EDIT advance at 0% a week (0% probability) IBB(61%) IWO(58%) ARKG(55%) IBUY(54%) IWC(54%) |
Factors Impacting EDIT price | EDIT will decline at least -2.03% in a week (0% probabilities). VIXM(-28%) UUP(-14%) VXX(-12%) TBT(-7%) EDOC(-7%) |
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 | -2.03% (StdDev 4.06%) |
Hourly BBV | 0.3 () |
Intraday Trend | 0% |
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