(Beam Therapeutics Inc. )
| BEAM latest price $116.8600 (11.89%) ($116.8600 - $116.8600) on Fri. Feb. 5, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.41% (three month average) |
RSI | 51 |
Latest Price | $116.8600(11.89%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEAM advances 4.1% a day on average for past five trading days. |
Weekly Trend | BEAM advances 0.8% 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(61%) ARKK(61%) XBI(59%) IBB(57%) IWO(57%) |
Factors Impacting BEAM price | BEAM will decline at least -3.205% in a week (0% probabilities). VIXM(-30%) UUP(-17%) VXX(-9%) TBT(-3%) UNG(1%) |
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 | -3.205% (StdDev 6.41%) |
Hourly BBV | 3.2 () |
Intraday Trend | 0% |
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