| EDIT latest price $10.5900 (0.91%) ($10.5900 - $10.5900) on Fri. Nov. 24, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.07% (three month average) |
RSI | 67 |
Latest Price | $10.5900(0.91%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 3.7% a day on average for past five trading days. |
Weekly Trend | EDIT advances 12.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support EDIT advance at 0% a week (0% probability) ARKG(77%) XBI(74%) ARKK(70%) IPO(63%) DRIV(57%) |
Factors Impacting EDIT price | EDIT will decline at least -2.535% in a week (0% probabilities). BNDX(-15%) TBT(-14%) SHY(-9%) VXX(-6%) VIXM(-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 | -2.535% (StdDev 5.07%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
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