(Beam Therapeutics Inc. )
| BEAM latest price $23.6200 (-1.99%) ($23.5700 - $24.7200) on Tue. Aug. 11, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.14% (three month average) |
RSI | 54 |
Latest Price | $23.6200(-1.99%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEAM advances 3.7% a day on average for past five trading days. |
Weekly Trend | BEAM advances 5.2% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support BEAM advance at 0% a week (0% probability) ARKG(59%) ARKK(58%) XBI(56%) IWO(54%) IBB(53%) |
Factors Impacting BEAM price | BEAM will decline at least -2.57% in a week (0% probabilities). VIXM(-27%) UUP(-14%) VXX(-9%) XLC(-6%) EDOC(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.57% (StdDev 5.14%) |
Hourly BBV | 0 () |
Intraday Trend | -2.6% |
| |
|
|