(Beam Therapeutics Inc. )
| BEAM latest price $44.4800 (7.36%) ($41.0300 - $45.1500) on Wed. Nov. 25, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.62% (three month average) |
RSI | 70 |
Latest Price | $44.4800(7.36%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEAM advances 3.3% a day on average for past five trading days. |
Weekly Trend | BEAM advances 7.1% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support BEAM advance at 0% a week (0% probability) ARKG(61%) ARKK(60%) XBI(58%) IBB(56%) IWO(55%) |
Factors Impacting BEAM price | BEAM will decline at least -2.81% in a week (0% probabilities). VIXM(-27%) UUP(-15%) EDOC(-9%) VXX(-8%) TBT(-3%) |
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 | -2.81% (StdDev 5.62%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0% |
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