(Beam Therapeutics Inc. )
| BEAM latest price $26.2000 (0.31%) ($25.3100 - $26.4300) on Wed. Sep. 2, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.66% (three month average) |
RSI | 76 |
Latest Price | $26.2000(0.31%) |
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 3.2% 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(60%) ARKK(59%) XBI(58%) IBB(54%) IWO(54%) |
Factors Impacting BEAM price | BEAM will decline at least -2.33% in a week (0% probabilities). VIXM(-27%) UUP(-14%) VXX(-9%) EDOC(-5%) DRIV(-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 | -2.33% (StdDev 4.66%) |
Hourly BBV | 0 () |
Intraday Trend | 0.8% |
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