(Beam Therapeutics Inc. )
| BEAM latest price $28.0000 (1.97%) ($26.8500 - $28.3900) on Tue. Jun. 30, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.7% (three month average) |
RSI | 54 |
Latest Price | $28.0000(1.97%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEAM advances 1.3% a day on average for past five trading days. |
Weekly Trend | BEAM advances 0.7% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support BEAM advance at 0% a week (0% probability) ARKG(59%) ARKK(57%) XBI(56%) IWO(53%) IBB(52%) |
Factors Impacting BEAM price | BEAM will decline at least -2.85% in a week (0% probabilities). VIXM(-27%) UUP(-14%) VXX(-9%) XLC(-5%) 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 | -2.85% (StdDev 5.7%) |
Hourly BBV | 0 () |
Intraday Trend | 2.5% |
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