(Beam Therapeutics Inc. )
| BEAM latest price $106.7450 (3.6%) ($106.7450 - $106.7450) on Fri. Feb. 19, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.45% (three month average) |
RSI | 64 |
Latest Price | $106.7450(3.6%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEAM advances 0.3% a day on average for past five trading days. |
Weekly Trend | BEAM advances 2.1% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value 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%) BLOK(57%) IBB(57%) |
Factors Impacting BEAM price | BEAM will decline at least -3.225% in a week (0% probabilities). VIXM(-30%) UUP(-17%) VXX(-9%) TBT(-3%) UNG(0%) |
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 | -3.225% (StdDev 6.45%) |
Hourly BBV | 1 () |
Intraday Trend | 0% |
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