| EDIT latest price $30.2900 (1.3%) ($29.6000 - $30.8300) on Tue. Dec. 3, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.13% (three month average) |
RSI | 86 |
Latest Price | $30.2900(1.3%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 2.2% a day on average for past five trading days. |
Weekly Trend | EDIT advances 14.5% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Value stock 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 -1.565% 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 | -1.565% (StdDev 3.13%) |
Hourly BBV | 0 () |
Intraday Trend | 1% |
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