| EDIT latest price $31.8200 (-1.82%) ($31.6800 - $32.8800) on Fri. Sep. 28, 2018. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.81% (three month average) |
RSI | 56 |
Latest Price | $31.8200(-1.82%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 1.1% a day on average for past five trading days. |
Weekly Trend | EDIT declines -0.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support EDIT advance at 0% a week (0% probability) IBB(64%) ARKG(62%) XBI(61%) IWO(59%) ARKK(57%) |
Factors Impacting EDIT price | EDIT will decline at least -1.405% in a week (0% probabilities). VXX(-13%) VIXM(-12%) TLT(-5%) SHY(-5%) GDXJ(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.405% (StdDev 2.81%) |
Hourly BBV | 0 () |
Intraday Trend | -1.1% |
| |
|
|