| EDIT latest price $34.0700 (0.35%) ($34.0700 - $34.0700) on Tue. Jun. 1, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.38% (three month average) |
RSI | 56 |
Latest Price | $34.0700(0.35%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 0.5% a day on average for past five trading days. |
Weekly Trend | EDIT advances 2.4% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support EDIT advance at 0% a week (0% probability) IBB(66%) IWO(61%) IWC(59%) IBUY(58%) IWM(57%) |
Factors Impacting EDIT price | EDIT will decline at least -2.19% in a week (0% probabilities). VIXM(-32%) UUP(-15%) VXX(-12%) 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 | -2.19% (StdDev 4.38%) |
Hourly BBV | -0.4 () |
Intraday Trend | 0% |
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