| EDIT latest price $26.7500 (2.81%) ($26.0000 - $26.9000) on Wed. Apr. 3, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.4% (three month average) |
RSI | 65 |
Latest Price | $26.7500(2.81%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 3.1% a day on average for past five trading days. |
Weekly Trend | EDIT advances 2.6% a week on average for past two weeks. |
Market Behavior | Value stock 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(60%) XBI(59%) IWO(58%) ARKK(56%) |
Factors Impacting EDIT price | EDIT will decline at least -2.2% in a week (0% probabilities). VXX(-12%) VIXM(-8%) TLT(-4%) UUP(-3%) SHY(-3%) |
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 | -2.2% (StdDev 4.4%) |
Hourly BBV | 0 () |
Intraday Trend | 1.6% |
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