| EDIT latest price $11.3450 (-0.66%) ($11.3450 - $11.3450) on Fri. Feb. 3, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.9% (three month average) |
RSI | 76 |
Latest Price | $11.3450(-0.66%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 3.3% a day on average for past five trading days. |
Weekly Trend | EDIT advances 14% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support EDIT advance at 0% a week (0% probability) XBI(69%) IBB(56%) IWC(52%) IWO(49%) IWM(48%) |
Factors Impacting EDIT price | EDIT will decline at least -2.45% in a week (0% probabilities). VIXM(-15%) SMH(-8%) IGOV(-8%) UUP(-6%) TBT(-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 | -2.45% (StdDev 4.9%) |
Hourly BBV | 0.5 () |
Intraday Trend | 0% |
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