| EDIT latest price $30.7700 (1.58%) ($30.2000 - $31.5200) on Wed. Dec. 4, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.11% (three month average) |
RSI | 85 |
Latest Price | $30.7700(1.58%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 1.6% a day on average for past five trading days. |
Weekly Trend | EDIT advances 14% 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(59%) IWO(58%) XBI(58%) ARKK(55%) |
Factors Impacting EDIT price | EDIT will decline at least -1.555% 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 | -1.555% (StdDev 3.11%) |
Hourly BBV | 0 () |
Intraday Trend | 0.2% |
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