| EDIT latest price $42.1500 (1.51%) ($42.1500 - $42.2300) on Tue. Aug. 3, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.77% (three month average) |
RSI | 46 |
Latest Price | $42.1500(1.51%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 1.4% a day on average for past five trading days. |
Weekly Trend | EDIT declines -1.1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support EDIT advance at 0% a week (0% probability) IBB(67%) IWO(62%) IWC(61%) IBUY(60%) IWM(59%) |
Factors Impacting EDIT price | EDIT will decline at least -2.385% in a week (0% probabilities). VIXM(-33%) 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 | -2.385% (StdDev 4.77%) |
Hourly BBV | -0 () |
Intraday Trend | 0% |
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