| EDIT latest price $39.2300 (4.61%) ($37.3300 - $39.7900) on Mon. Jun. 18, 2018. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.36% (three month average) |
RSI | 63 |
Latest Price | $39.2300(4.61%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 1.7% a day on average for past five trading days. |
Weekly Trend | EDIT advances 0.1% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support EDIT advance at 0% a week (0% probability) IBB(64%) ARKG(62%) XBI(61%) IWO(59%) ARKK(57%) |
Factors Impacting EDIT price | EDIT will decline at least -1.68% in a week (0% probabilities). VXX(-13%) VIXM(-12%) TLT(-5%) SHY(-5%) GDXJ(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.68% (StdDev 3.36%) |
Hourly BBV | 0 () |
Intraday Trend | 5.1% |
| |
|
|