| EDIT latest price $64.6500 (-0.97%) ($64.6500 - $64.6500) on Tue. Aug. 24, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.35% (three month average) |
RSI | 80 |
Latest Price | $64.6500(-0.97%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 1.2% a day on average for past five trading days. |
Weekly Trend | EDIT advances 5.2% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support EDIT advance at 0% a week (0% probability) IBB(69%) IWO(63%) IWC(62%) IBUY(61%) IWM(59%) |
Factors Impacting EDIT price | EDIT will decline at least -2.675% in a week (0% probabilities). VIXM(-33%) UUP(-17%) VXX(-12%) TBT(-7%) 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 | -2.675% (StdDev 5.35%) |
Hourly BBV | 0.3 () |
Intraday Trend | 0% |
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