| EDIT latest price $24.7400 (5.68%) ($23.5100 - $24.7500) on Fri. Jun. 28, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.65% (three month average) |
RSI | 63 |
Latest Price | $24.7400(5.68%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 1.7% a day on average for past five trading days. |
Weekly Trend | EDIT advances 2.5% 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(63%) ARKG(60%) XBI(59%) IWO(58%) ARKK(55%) |
Factors Impacting EDIT price | EDIT will decline at least -1.825% in a week (0% probabilities). VIXM(-32%) VXX(-17%) UUP(-6%) TLT(-4%) IFRA(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.825% (StdDev 3.65%) |
Hourly BBV | 0 () |
Intraday Trend | 4.2% |
| |
|
|