| EDIT latest price $38.8300 (-0.89%) ($38.8300 - $38.8300) on Wed. Apr. 28, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.95% (three month average) |
RSI | 45 |
Latest Price | $38.8300(-0.89%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 1.7% a day on average for past five trading days. |
Weekly Trend | EDIT declines -2.7% 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(66%) IWO(61%) IBUY(59%) IWC(59%) IWM(57%) |
Factors Impacting EDIT price | EDIT will decline at least -2.475% in a week (0% probabilities). VIXM(-31%) UUP(-16%) VXX(-13%) TBT(-6%) UNG(1%) |
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 | -2.475% (StdDev 4.95%) |
Hourly BBV | 0.4 () |
Intraday Trend | 0% |
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