| EDIT latest price $11.0100 (6.95%) ($11.0100 - $11.0100) on Fri. Dec. 22, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.28% (three month average) |
RSI | 50 |
Latest Price | $11.0100(6.95%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 0.3% a day on average for past five trading days. |
Weekly Trend | EDIT declines -1.2% 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(86%) XLB(86%) GDX(95%) XBI(94%) LIT(89%) |
Factors Impacting EDIT price | EDIT will decline at least -2.64% in a week (0% probabilities). VCIT(22%) SHY(7%) VXX(-58%) VIXM(-54%) BNDX(-31%) |
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 | -2.64% (StdDev 5.28%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
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