| EDIT latest price $10.3250 (7.11%) ($10.3250 - $10.3250) on Tue. May. 9, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.97% (three month average) |
RSI | 69 |
Latest Price | $10.3250(7.11%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 5.5% a day on average for past five trading days. |
Weekly Trend | EDIT advances 9.8% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support EDIT advance at 0% a week (0% probability) XBI(64%) IBB(51%) IWC(50%) IWO(46%) IWM(45%) |
Factors Impacting EDIT price | EDIT will decline at least -2.485% in a week (0% probabilities). SMH(-17%) IGOV(-15%) VIXM(-8%) UUP(-8%) BNDX(-8%) |
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 | -2.485% (StdDev 4.97%) |
Hourly BBV | 1.8 () |
Intraday Trend | 0% |
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