| EDIT latest price $10.8350 (10.79%) ($10.8350 - $10.8350) on Mon. Nov. 20, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.96% (three month average) |
RSI | 80 |
Latest Price | $10.8350(10.79%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 7.3% a day on average for past five trading days. |
Weekly Trend | EDIT advances 12.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock 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 -2.48% 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 | -2.48% (StdDev 4.96%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0% |
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