| EDIT latest price $35.3500 (-0.92%) ($35.2900 - $36.1300) on Wed. Apr. 18, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.4% (three month average) |
RSI | 61 |
Latest Price | $35.3500(-0.92%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 0.5% a day on average for past five trading days. |
Weekly Trend | EDIT advances 3.8% 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) IBB(64%) ARKG(63%) XBI(61%) IWO(59%) ARKK(57%) |
Factors Impacting EDIT price | EDIT will decline at least -2.2% in a week (0% probabilities). VIXM(-12%) TLT(-5%) SHY(-5%) GDXJ(-5%) DRIV(-5%) |
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 | -2.2% (StdDev 4.4%) |
Hourly BBV | 0 () |
Intraday Trend | -1.1% |
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