| EDIT latest price $27.2800 (-3.26%) ($27.1100 - $28.6300) on Thu. Jul. 28, 2016. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.03% (three month average) |
RSI | 63 |
Latest Price | $27.2800(-3.26%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 1% a day on average for past five trading days. |
Weekly Trend | EDIT advances 4.2% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Value stock sell-off 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 -2.015% in a week (0% probabilities). VIXM(-14%) TLT(-6%) SHY(-6%) IPO(-4%) GDXJ(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.015% (StdDev 4.03%) |
Hourly BBV | 0 () |
Intraday Trend | -4.2% |
| |
|
|