(Beam Therapeutics Inc. )
| BEAM latest price $19.9500 (-3.67%) ($18.8100 - $21.8800) on Tue. May. 12, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.84% (three month average) |
RSI | 63 |
Latest Price | $19.9500(-3.67%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEAM advances 4% a day on average for past five trading days. |
Weekly Trend | BEAM advances 3.8% 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(56%) IBB(52%) IWO(51%) |
Factors Impacting BEAM price | BEAM will decline at least -3.42% in a week (0% probabilities). VIXM(-26%) UUP(-14%) VXX(-9%) XLC(-4%) IYT(-4%) |
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 | -3.42% (StdDev 6.84%) |
Hourly BBV | 0 () |
Intraday Trend | -3.2% |
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