(Beam Therapeutics Inc. )
| BEAM latest price $25.6500 (-0.31%) ($25.1800 - $26.7000) on Fri. Sep. 11, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.97% (three month average) |
RSI | 49 |
Latest Price | $25.6500(-0.31%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEAM advances 1.5% a day on average for past five trading days. |
Weekly Trend | BEAM declines -2.5% a week on average for past two weeks. |
Market Behavior | Value stock rally 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(60%) ARKK(59%) XBI(58%) IBB(54%) IWO(54%) |
Factors Impacting BEAM price | BEAM will decline at least -2.485% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.485% (StdDev 4.97%) |
Hourly BBV | 0 () |
Intraday Trend | -0.8% |
| |
|
|