| EDIT latest price $26.4000 (5.64%) ($25.1300 - $26.6600) on Tue. Jan. 15, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.35% (three month average) |
RSI | 79 |
Latest Price | $26.4000(5.64%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 0.7% a day on average for past five trading days. |
Weekly Trend | EDIT advances 11.7% a week on average for past two weeks. |
Market Behavior | Broad based rally 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(61%) XBI(60%) IWO(58%) ARKK(56%) |
Factors Impacting EDIT price | EDIT will decline at least -2.675% in a week (0% probabilities). VXX(-13%) VIXM(-9%) GDXJ(-6%) DIA(-6%) XHB(-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 | -2.675% (StdDev 5.35%) |
Hourly BBV | 0 () |
Intraday Trend | 4.8% |
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