| EDIT latest price $25.3300 (2.55%) ($25.0300 - $26.1900) on Wed. Oct. 31, 2018. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.24% (three month average) |
RSI | 47 |
Latest Price | $25.3300(2.55%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 0.8% a day on average for past five trading days. |
Weekly Trend | EDIT declines -4.6% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock 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 -1.62% in a week (0% probabilities). VXX(-13%) VIXM(-11%) 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 | -1.62% (StdDev 3.24%) |
Hourly BBV | 0 () |
Intraday Trend | 1.2% |
| |
|
|