| EDIT latest price $24.2900 (1.46%) ($23.9600 - $24.7000) on Fri. Mar. 15, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.5% (three month average) |
RSI | 72 |
Latest Price | $24.2900(1.46%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 1.4% a day on average for past five trading days. |
Weekly Trend | EDIT advances 6% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support EDIT advance at 0% a week (0% probability) IBB(64%) ARKG(60%) XBI(59%) IWO(58%) ARKK(56%) |
Factors Impacting EDIT price | EDIT will decline at least -2.75% in a week (0% probabilities). VXX(-12%) VIXM(-8%) XHB(-4%) TLT(-4%) UUP(-3%) |
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 | -2.75% (StdDev 5.5%) |
Hourly BBV | 0 () |
Intraday Trend | 1.1% |
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