| EDIT latest price $22.6300 (-4.27%) ($22.1600 - $23.9900) on Wed. Mar. 6, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.57% (three month average) |
RSI | 69 |
Latest Price | $22.6300(-4.27%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 1.5% a day on average for past five trading days. |
Weekly Trend | EDIT advances 7.1% 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(61%) XBI(60%) IWO(58%) ARKK(56%) |
Factors Impacting EDIT price | EDIT will decline at least -2.785% in a week (0% probabilities). VXX(-12%) VIXM(-8%) XHB(-4%) TLT(-4%) FIVG(-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 | -2.785% (StdDev 5.57%) |
Hourly BBV | 0 () |
Intraday Trend | -4% |
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