| EDIT latest price $31.3100 (2.82%) ($30.0500 - $31.5700) on Thu. Mar. 24, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 9.73% (three month average) |
RSI | 47 |
Latest Price | $31.3100(2.82%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 0.6% a day on average for past five trading days. |
Weekly Trend | EDIT declines -6.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support EDIT advance at 0% a week (0% probability) ARKG(60%) IBB(59%) XBI(58%) IWO(55%) ARKK(53%) |
Factors Impacting EDIT price | EDIT will decline at least -4.865% in a week (0% probabilities). VIXM(-14%) TLT(-7%) SHY(-6%) GDXJ(-5%) IPO(-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 | -4.865% (StdDev 9.73%) |
Hourly BBV | 0 () |
Intraday Trend | 2.9% |
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