| EDIT latest price $24.0400 (-3.22%) ($23.9000 - $24.9800) on Mon. Aug. 12, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.29% (three month average) |
RSI | 45 |
Latest Price | $24.0400(-3.22%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 0.1% a day on average for past five trading days. |
Weekly Trend | EDIT declines -2.4% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off 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 -1.645% in a week (0% probabilities). VIXM(-32%) VXX(-17%) UUP(-6%) IFRA(-5%) TLT(-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 | -1.645% (StdDev 3.29%) |
Hourly BBV | 0 () |
Intraday Trend | -2.5% |
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