| EDIT latest price $24.9300 (4.18%) ($23.9400 - $25.2000) on Fri. Nov. 3, 2017. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.8% (three month average) |
RSI | 62 |
Latest Price | $24.9300(4.18%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 2.2% a day on average for past five trading days. |
Weekly Trend | EDIT advances 1.8% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Rotation from value to growth for small cap. |
Correlated ETFs | Broad market will support EDIT advance at 0% a week (0% probability) ARKG(63%) IBB(63%) XBI(61%) IWO(58%) ARKK(57%) |
Factors Impacting EDIT price | EDIT will decline at least -2.4% in a week (0% probabilities). VIXM(-13%) TLT(-5%) SHY(-5%) UUP(-4%) GDXJ(-4%) |
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 | -2.4% (StdDev 4.8%) |
Hourly BBV | 0 () |
Intraday Trend | 1.8% |
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