| EDIT latest price $27.0800 (-2.59%) ($26.6300 - $28.2200) on Tue. Nov. 6, 2018. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.41% (three month average) |
RSI | 40 |
Latest Price | $27.0800(-2.59%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 1.8% a day on average for past five trading days. |
Weekly Trend | EDIT declines -0.7% a week on average for past two weeks. |
Market Behavior | Broad based 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(64%) ARKG(62%) XBI(61%) IWO(59%) ARKK(57%) |
Factors Impacting EDIT price | EDIT will decline at least -1.705% in a week (0% probabilities). VXX(-13%) VIXM(-11%) TLT(-5%) GDXJ(-5%) UUP(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.705% (StdDev 3.41%) |
Hourly BBV | 0 () |
Intraday Trend | -2.7% |
| |
|
|