| EDIT latest price $22.4100 (8.89%) ($20.9500 - $22.5300) on Fri. Jun. 7, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.59% (three month average) |
RSI | 49 |
Latest Price | $22.4100(8.89%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 1.8% a day on average for past five trading days. |
Weekly Trend | EDIT declines -2.2% 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(63%) ARKG(60%) XBI(59%) IWO(58%) ARKK(56%) |
Factors Impacting EDIT price | EDIT will decline at least -1.795% in a week (0% probabilities). VXX(-17%) UUP(-6%) IFRA(-4%) TLT(-3%) SHY(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.795% (StdDev 3.59%) |
Hourly BBV | 0 () |
Intraday Trend | 6.8% |
| |
|
|