| EDIT latest price $28.6400 (0.95%) ($28.2000 - $29.1700) on Wed. Feb. 5, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.09% (three month average) |
RSI | 26 |
Latest Price | $28.6400(0.95%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 0.6% a day on average for past five trading days. |
Weekly Trend | EDIT declines -5.8% 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(63%) ARKG(59%) IWO(58%) XBI(58%) ARKK(55%) |
Factors Impacting EDIT price | EDIT will decline at least -1.545% in a week (0% probabilities). VIXM(-32%) VXX(-17%) UUP(-6%) TLT(-3%) IGOV(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.545% (StdDev 3.09%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
| |
|
|