| EDIT latest price $30.1100 (2.52%) ($29.0000 - $30.5400) on Thu. Nov. 29, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.11% (three month average) |
RSI | 50 |
Latest Price | $30.1100(2.52%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 1.5% a day on average for past five trading days. |
Weekly Trend | EDIT advances 0.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support EDIT advance at 0% a week (0% probability) IBB(64%) ARKG(62%) XBI(60%) IWO(59%) ARKK(57%) |
Factors Impacting EDIT price | EDIT will decline at least -2.055% in a week (0% probabilities). VXX(-13%) VIXM(-10%) TLT(-5%) GDXJ(-5%) SHY(-4%) |
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 | -2.055% (StdDev 4.11%) |
Hourly BBV | 0 () |
Intraday Trend | 3.5% |
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