| EDIT latest price $29.5600 (1.72%) ($28.1300 - $29.6300) on Wed. Oct. 17, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.07% (three month average) |
RSI | 38 |
Latest Price | $29.5600(1.72%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 2.7% a day on average for past five trading days. |
Weekly Trend | EDIT declines -4.5% a week on average for past two weeks. |
Market Behavior | Normal 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 -1.535% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.535% (StdDev 3.07%) |
Hourly BBV | 0 () |
Intraday Trend | 2.1% |
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