(Beam Therapeutics Inc. )
| BEAM latest price $28.6100 (-2.75%) ($28.3400 - $30.3000) on Tue. Jul. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.48% (three month average) |
RSI | 56 |
Latest Price | $28.6100(-2.75%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEAM advances 0.8% a day on average for past five trading days. |
Weekly Trend | BEAM advances 3.4% 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(59%) ARKK(57%) XBI(56%) IWO(53%) IBB(52%) |
Factors Impacting BEAM price | BEAM will decline at least -2.74% 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 | -2.74% (StdDev 5.48%) |
Hourly BBV | 0 () |
Intraday Trend | -2.4% |
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