| EDIT latest price $23.9700 (-1.32%) ($23.6300 - $24.8000) on Mon. Mar. 18, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.5% (three month average) |
RSI | 73 |
Latest Price | $23.9700(-1.32%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 0.1% a day on average for past five trading days. |
Weekly Trend | EDIT advances 4.7% a week on average for past two weeks. |
Market Behavior | Value stock 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(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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.75% (StdDev 5.5%) |
Hourly BBV | 0 () |
Intraday Trend | -2.2% |
| |
|
|