(Beam Therapeutics Inc. )
| BEAM latest price $57.2350 (4.36%) ($51.4500 - $57.9650) on Wed. Dec. 2, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.84% (three month average) |
RSI | 79 |
Latest Price | $57.2350(4.36%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEAM advances 6.6% a day on average for past five trading days. |
Weekly Trend | BEAM advances 18.9% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock rally 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 -2.92% in a week (0% probabilities). VIXM(-27%) UUP(-15%) VXX(-8%) TBT(-3%) UNG(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.92% (StdDev 5.84%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0% |
| |
|
|