| EDIT latest price $35.5600 (-5.15%) ($34.2500 - $39.1300) on Fri. Mar. 4, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 9.24% (three month average) |
RSI | 96 |
Latest Price | $35.5600(-5.15%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 5.2% a day on average for past five trading days. |
Weekly Trend | EDIT advances 39.3% 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) ARKG(58%) IBB(58%) XBI(57%) IWO(54%) ARKK(53%) |
Factors Impacting EDIT price | EDIT will decline at least -4.62% in a week (0% probabilities). VIXM(-14%) TLT(-6%) SHY(-6%) GDXJ(-4%) UUP(-2%) |
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 | -4.62% (StdDev 9.24%) |
Hourly BBV | 0 () |
Intraday Trend | -8.8% |
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