(Beam Therapeutics Inc. )
| BEAM latest price $25.1600 (-1.83%) ($24.0200 - $26.1600) on Wed. Aug. 19, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.94% (three month average) |
RSI | 68 |
Latest Price | $25.1600(-1.83%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEAM advances 2.5% a day on average for past five trading days. |
Weekly Trend | BEAM advances 8.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support BEAM advance at 0% a week (0% probability) ARKG(60%) ARKK(58%) XBI(57%) IWO(54%) IBB(53%) |
Factors Impacting BEAM price | BEAM will decline at least -2.47% in a week (0% probabilities). VIXM(-27%) UUP(-14%) VXX(-9%) XLC(-6%) IYT(-5%) |
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 | -2.47% (StdDev 4.94%) |
Hourly BBV | 0 () |
Intraday Trend | -0.4% |
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