| EDIT latest price $26.1800 (5.06%) ($25.0800 - $26.2400) on Fri. Jul. 26, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.5% (three month average) |
RSI | 63 |
Latest Price | $26.1800(5.06%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 1.9% a day on average for past five trading days. |
Weekly Trend | EDIT advances 1.9% 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(63%) ARKG(60%) IWO(58%) XBI(58%) ARKK(55%) |
Factors Impacting EDIT price | EDIT will decline at least -1.75% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.75% (StdDev 3.5%) |
Hourly BBV | 0 () |
Intraday Trend | 4.4% |
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