(Beam Therapeutics Inc. )
| BEAM latest price $15.9000 (-6.85%) ($15.6700 - $16.9900) on Wed. Apr. 15, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.36% (three month average) |
RSI | 33 |
Latest Price | $15.9000(-6.85%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEAM advances 0.1% a day on average for past five trading days. |
Weekly Trend | BEAM declines -5.5% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support BEAM advance at 0% a week (0% probability) ARKG(58%) ARKK(56%) XBI(55%) IBB(52%) BLOK(50%) |
Factors Impacting BEAM price | BEAM will decline at least -3.68% in a week (0% probabilities). VIXM(-26%) UUP(-13%) VXX(-9%) IYT(-3%) XLC(-2%) |
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 | -3.68% (StdDev 7.36%) |
Hourly BBV | 0 () |
Intraday Trend | -5.4% |
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