| EDIT latest price $34.5400 (10.74%) ($31.5000 - $35.0000) on Thu. Mar. 31, 2016. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 9.43% (three month average) |
RSI | 72 |
Latest Price | $34.5400(10.74%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 2.6% a day on average for past five trading days. |
Weekly Trend | EDIT advances 2.9% 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(54%) |
Factors Impacting EDIT price | EDIT will decline at least -4.715% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -4.715% (StdDev 9.43%) |
Hourly BBV | 0 () |
Intraday Trend | 7.9% |
| |
|
|