| EDIT latest price $10.2700 (2.65%) ($10.2700 - $10.2900) on Fri. Dec. 16, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.51% (three month average) |
RSI | 56 |
Latest Price | $10.2700(2.65%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 1.5% a day on average for past five trading days. |
Weekly Trend | EDIT declines -0.4% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support EDIT advance at 0% a week (0% probability) IBB(58%) IWC(53%) IWO(49%) IWM(48%) IWN(46%) |
Factors Impacting EDIT price | EDIT will decline at least -2.255% in a week (0% probabilities). VIXM(-12%) VXX(-9%) XBI(-8%) XME(-6%) URA(-6%) |
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 | -2.255% (StdDev 4.51%) |
Hourly BBV | -0.8 () |
Intraday Trend | 0% |
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