| EDIT latest price $25.5300 (5.15%) ($24.0200 - $25.5500) on Tue. Sep. 10, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.85% (three month average) |
RSI | 49 |
Latest Price | $25.5300(5.15%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 1.4% a day on average for past five trading days. |
Weekly Trend | EDIT declines -1.3% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value 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(59%) IWO(58%) XBI(58%) ARKK(55%) |
Factors Impacting EDIT price | EDIT will decline at least -1.425% in a week (0% probabilities). VIXM(-32%) VXX(-17%) UUP(-6%) TLT(-3%) SHY(-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 | -1.425% (StdDev 2.85%) |
Hourly BBV | 0 () |
Intraday Trend | 5.5% |
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