| EDIT latest price $29.0700 (-1.79%) ($28.2200 - $29.9700) on Wed. Aug. 15, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.22% (three month average) |
RSI | 35 |
Latest Price | $29.0700(-1.79%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 1% a day on average for past five trading days. |
Weekly Trend | EDIT declines -1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off 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 -1.61% in a week (0% probabilities). VXX(-13%) VIXM(-12%) TLT(-5%) GDXJ(-5%) UUP(-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 | -1.61% (StdDev 3.22%) |
Hourly BBV | 0 () |
Intraday Trend | -1.4% |
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