| EDIT latest price $33.6500 (4.37%) ($32.4500 - $34.2300) on Fri. Oct. 16, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.14% (three month average) |
RSI | 67 |
Latest Price | $33.6500(4.37%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 0.3% a day on average for past five trading days. |
Weekly Trend | EDIT advances 7.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support EDIT advance at 0% a week (0% probability) IBB(61%) IWO(57%) ARKG(55%) IBUY(54%) IWC(54%) |
Factors Impacting EDIT price | EDIT will decline at least -2.07% 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 | -2.07% (StdDev 4.14%) |
Hourly BBV | 1 () |
Intraday Trend | 0% |
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