| EDIT latest price $25.7800 (2.1%) ($24.9500 - $26.0900) on Thu. Aug. 1, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.34% (three month average) |
RSI | 55 |
Latest Price | $25.7800(2.1%) |
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 2.9% 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(63%) ARKG(60%) IWO(58%) XBI(58%) ARKK(55%) |
Factors Impacting EDIT price | EDIT will decline at least -1.67% in a week (0% probabilities). VIXM(-32%) VXX(-17%) UUP(-6%) TLT(-4%) IFRA(-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 | -1.67% (StdDev 3.34%) |
Hourly BBV | 0 () |
Intraday Trend | 2.1% |
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