| EDIT latest price $24.9300 (7.46%) ($23.2000 - $24.9900) on Mon. Jan. 7, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.34% (three month average) |
RSI | 42 |
Latest Price | $24.9300(7.46%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 3.8% a day on average for past five trading days. |
Weekly Trend | EDIT declines -4.9% 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(61%) XBI(60%) IWO(58%) ARKK(56%) |
Factors Impacting EDIT price | EDIT will decline at least -2.67% in a week (0% probabilities). VXX(-13%) VIXM(-9%) GDXJ(-6%) TLT(-4%) 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 | -2.67% (StdDev 5.34%) |
Hourly BBV | 0 () |
Intraday Trend | 4.8% |
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