Trading Signals: EDIT Stock Price Prediction and Forecast

^ EDIT: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Tue. Dec. 5, 2023

Trading Signals: EDIT Stock Price Prediction and Forecast (Wed. Feb. 3, 2016 - Fri. Dec. 22, 2023)

(EDITAS MEDICIN)
EDIT latest price $10.9800 (-0.36%) ($10.9800 - $10.9800) on Tue. Dec. 5, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   5.06% (three month average)
RSI   79
Latest Price   $10.9800(-0.36%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   EDIT advances 0.5% a day on average for past five trading days.
Weekly Trend   EDIT advances 6.7% a week on average for past two weeks.
Market Behavior   Rotation from value to growth for large cap. Broad based sell-off for small cap.
Correlated ETFs   Broad market will support EDIT advance at 0% a week (0% probability)
XBI(86%)    SPY(81%)    ARKG(78%)    IBB(71%)    ICLN(68%)
Factors Impacting EDIT price   EDIT will decline at least -2.53% in a week (0% probabilities).
TBT(-27%)    VXX(-22%)    BNDX(-20%)    VIXM(-17%)    EDOC(-8%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -2.53% (StdDev 5.06%)
Hourly BBV 1.1 ()
Intraday Trend 0%

5 Day Moving Average   $10.77(1.95%)
10 Day Moving Average   $10.67(2.91%)
20 Day Moving Average   $9.76(12.5%)
To recent high   -0.4%
To recent low   75.4%
Market Cap   $682m

Editas Medicine, Inc. engages in the development and commercialization of genome editing technology. Its technology includes clustered, regularly interspaced short palindromic repeats (CRISPR), and CRISPR associated protein 9 (Cas9). The company was founded by Feng Zhang, Jennifer A. Doudna, George McDonald Church, J. Keith Joung and David R. Liu in September 2013 and is headquartered in Cambridge, MA.

$. EDIT price fluctuates within 12.09% (three month std-dev: 5.06%) daily (68% of days).

Sample size 27 Average positive next day return: 2.08%(67%) Average negative next day return: -1.89%(33%) Sample size 27 Average positive next three day return: 5.46%(63%) Average negative next three day return: -4.2%(37%) Sample size 27 Average positive next weekly return: 8.89%(41%) Average negative next weekly return: -3.7%(59%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20240105

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Dec_5_2023	8.36	9.76	10.67	10.77	10.82	11	10.98(-0.36%)	UD	OpenLong	75	0.2	23	130	4	81	1.35	56%	0.24	75.5	5.06%	1.1	1	79	1.3
2	Dec_4_2023	8.34	9.63	10.65	10.72	10.72	10.89	11.02(2.51%)	UT	HoldLong	65	0.3	34	110	6	118	1.14	56%	0.24	85.1	5.07%	1.8	1.2	84	1.4
3	Dec_1_2023	8.32	9.49	10.53	10.65	10.65	10.63	10.75(2.28%)	UT	HoldLong	65	0.1	37	-10	2	141	1.54	56%	0.24	95.9	5.11%	-0.2	1.1	83	1.3
4	Nov_30_2023	8.3	9.31	10.34	10.65	10.64	10.55	10.51(-0.76%)	UD	OpenLong	65	-0.1	39	-50	-1	157	1.34	56%	0.24	93.1	5.06%	-1.4	1	78	1.4
5	Nov_29_2023	8.28	9.14	10.19	10.62	10.66	10.67	10.59(-1.4%)	UD	OpenLong	75	-0	45	20	3	171	1.8	56%	0.12	90.5	5.06%	0.2	1.1	70	1.3

6	Nov_28_2023	8.27	8.94	9.99	10.54	10.63	10.73	10.74(0.56%)	UT	OpenLong	75	0.1	42	90	1	165	1.15	56%	0.24	86.8	5.06%	1	1.3	63	1.5
7	Nov_27_2023	8.25	8.73	9.7	10.56	10.49	10.65	10.68(0.85%)	UT	OpenLong	75	0.1	48	90	8	169	1.19	56%	0.24	87	5.07%	1.1	1.4	68	1.3
8	Nov_24_2023	8.23	8.51	9.4	10.38	10.53	10.54	10.59(0.91%)	UT	OpenLong	75	0.2	53	50	18	156	0.87	56%	0.37	82.3	5.07%	0	1.5	67	1.4
9	Nov_22_2023	8.2	8.3	9.13	10.01	10.32	10.34	10.5(3.09%)	UT	OpenLong	75	0.4	47	110	14	144	1.53	56%	0.24	76.2	5.03%	-0.3	1.6	74	1.2
10	Nov_21_2023	8.18	8.1	8.91	9.69	9.89	10.51	10.18(-6.05%)	UD	OpenLong	75	0.4	50	500	18	145	1.57	56%	0.25	72.5	5.03%	0.1	1.6	74	1.3

11	Nov_20_2023	8.16	7.91	8.78	9.36	9.57	10.31	10.84(10.79%)	UT	HoldLong	65	1.2	75	610	44	167	3.22	58%	0.25	66.5	4.96%	1.4	2.4	80	1.4
12	Nov_17_2023	8.14	7.68	8.51	8.72	8.99	9.27	9.78(11.58%)	UT	HoldLong	65	1	58	310	29	144	2.16	55%	0.25	53.7	4.8%	1.9	2	79	1.5
13	Nov_16_2023	8.12	7.5	8.35	8.3	8.46	8.82	8.77(-1.3%)	UD	OpenLong	75	0.5	45	360	13	141	0.82	51%	0	41.9	4.59%	0.4	1.3	77	1.5
14	Nov_15_2023	8.12	7.38	8.18	8.12	8.2	8.71	8.88(4.16%)	UT	OpenLong	75	0.8	45	460	14	137	1.3	51%	0.12	36.2	4.6%	1.1	1.6	73	1.6
15	Nov_14_2023	8.11	7.26	7.99	8.02	7.95	8.09	8.53(11.44%)	UT	HoldLong	50	0.6	32	100	-1	132	1.51	51%	0.12	32.4	4.58%	1.6	1.4	70	1.5

16	Nov_13_2023	8.1	7.17	7.81	8.12	7.92	7.7	7.65(-0.2%)	UD	OpenLong	65	-0.6	31	-270	-11	157	1.16	47%	-0.12	35.8	4.35%	-0.3	0.6	66	1.4
17	Nov_10_2023	8.11	7.14	7.69	8.26	8.26	7.81	7.67(-2.67%)	UD	OpenLong	65	-0.7	36	-380	-13	181	0.94	47%	0	42.8	4.35%	-1.1	0.6	68	1.4
18	Nov_9_2023	8.11	7.11	7.57	8.4	8.41	8.14	7.88(-6.25%)	UD	OpenLong	75	-0.6	55	-220	2	215	1.37	47%	0	48.3	4.34%	-1.9	1	71	0.9
19	Nov_8_2023	8.11	7.05	7.44	8.23	8.53	8.71	8.4(-6.77%)	UD	OpenLong	75	0.2	69	260	21	213	1.39	51%	0	41.2	4.28%	-0.4	1.7	74	1.6
20	Nov_7_2023	8.11	6.98	7.26	7.92	8.19	8.68	9.01(8.1%)	UT	HoldLong	65	1.5	76	520	37	191	2.73	51%	0.12	33.5	4.25%	2.9	2.8	78	1.7

21	Nov_6_2023	8.1	6.89	6.99	7.46	7.65	8.36	8.34(-0.48%)	UD	OpenLong	75	1.5	62	730	38	133	1.56	48%	-0.12	19.2	4.21%	0.7	2.5	69	1.9
22	Nov_3_2023	8.11	6.81	6.78	7.06	7.24	7.7	8.38(19.39%)	UT	OpenLong	75	2.8	49	520	43	67	3.52	48%	-0.12	-1.6	4.22%	1.4	3.3	60	1.9
23	Nov_2_2023	8.12	6.81	6.55	6.63	6.73	6.95	7.02(1.96%)	N/A	N/A	0	1.1	7	270	13	-13	1.23	42%	-0.12	-44.2	3.46%	1.2	0.8	48	1.9
24	Nov_1_2023	8.13	6.74	6.49	6.53	6.54	6.78	6.88(2.92%)	DP	OpenShort	-65	1	-3	260	9	-38	1.41	42%	-0.61	-49.6	3.55%	1.3	0.4	50	1.6
25	Oct_31_2023	8.18	6.75	6.45	6.48	6.44	6.5	6.69(5.78%)	DP	OpenShort	-65	0.6	-11	50	6	-61	1.24	42%		-51.8	3.53%	1.9	-0.2	41	1.3
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

Click to see actual return for next trading day.