(Beam Therapeutics Inc. )
| BEAM latest price $16.8400 (4.73%) ($16.0400 - $17.3500) on Thu. May. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.63% (three month average) |
RSI | 56 |
Latest Price | $16.8400(4.73%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEAM advances 1.1% a day on average for past five trading days. |
Weekly Trend | BEAM declines -1.6% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support BEAM advance at 0% a week (0% probability) ARKG(59%) ARKK(57%) XBI(56%) IBB(52%) IWO(51%) |
Factors Impacting BEAM price | BEAM will decline at least -3.315% in a week (0% probabilities). VIXM(-26%) UUP(-13%) VXX(-9%) XLC(-3%) IYT(-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 | -3.315% (StdDev 6.63%) |
Hourly BBV | 0 () |
Intraday Trend | 4.2% |
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