| EDIT latest price $10.7500 (2.28%) ($10.7500 - $10.7500) on Fri. Dec. 1, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.11% (three month average) |
RSI | 83 |
Latest Price | $10.7500(2.28%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 0.3% a day on average for past five trading days. |
Weekly Trend | EDIT advances 11.9% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support EDIT advance at 0% a week (0% probability) XBI(85%) ARKG(77%) IBB(70%) ARKK(67%) IWO(66%) |
Factors Impacting EDIT price | EDIT will decline at least -2.555% in a week (0% probabilities). TBT(-24%) BNDX(-20%) URA(6%) UUP(8%) USO(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 | -2.555% (StdDev 5.11%) |
Hourly BBV | -0.2 () |
Intraday Trend | 0% |
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