| EDIT latest price $39.1100 (9.98%) ($35.8900 - $41.6000) on Mon. Mar. 7, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 9.12% (three month average) |
RSI | 96 |
Latest Price | $39.1100(9.98%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 6.2% a day on average for past five trading days. |
Weekly Trend | EDIT advances 38.6% 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) ARKG(58%) IBB(58%) XBI(57%) IWO(54%) ARKK(53%) |
Factors Impacting EDIT price | EDIT will decline at least -4.56% in a week (0% probabilities). VIXM(-14%) TLT(-6%) SHY(-6%) GDXJ(-4%) UUP(-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 | -4.56% (StdDev 9.12%) |
Hourly BBV | 0 () |
Intraday Trend | 9% |
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