| EDIT latest price $35.4600 (5.35%) ($35.4600 - $35.4600) on Mon. Jun. 7, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.33% (three month average) |
RSI | 60 |
Latest Price | $35.4600(5.35%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 0.9% a day on average for past five trading days. |
Weekly Trend | EDIT advances 1.3% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Broad based 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 -2.165% in a week (0% probabilities). VIXM(-32%) UUP(-16%) 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 | -2.165% (StdDev 4.33%) |
Hourly BBV | 1.7 () |
Intraday Trend | 0% |
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