| EDIT latest price $10.4950 (3.09%) ($10.4950 - $10.4950) on Wed. Nov. 22, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.03% (three month average) |
RSI | 74 |
Latest Price | $10.4950(3.09%) |
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 11.6% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support EDIT advance at 0% a week (0% probability) ARKG(81%) XBI(78%) ARKK(74%) IPO(70%) DRIV(66%) |
Factors Impacting EDIT price | EDIT will decline at least -2.515% in a week (0% probabilities). TBT(-25%) UUP(-9%) BNDX(-5%) VXX(-4%) UNG(3%) |
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 | -2.515% (StdDev 5.03%) |
Hourly BBV | -0.3 () |
Intraday Trend | 0% |
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