| EDIT latest price $29.9000 (-1.25%) ($29.5900 - $31.7800) on Mon. Dec. 2, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.18% (three month average) |
RSI | 89 |
Latest Price | $29.9000(-1.25%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 3.9% a day on average for past five trading days. |
Weekly Trend | EDIT advances 14.8% 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(59%) IWO(58%) XBI(58%) ARKK(55%) |
Factors Impacting EDIT price | EDIT will decline at least -1.59% in a week (0% probabilities). VIXM(-32%) VXX(-17%) UUP(-6%) TLT(-3%) SHY(-2%) |
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 | -1.59% (StdDev 3.18%) |
Hourly BBV | 0 () |
Intraday Trend | -3.5% |
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