(Beam Therapeutics Inc. )
| BEAM latest price $96.6900 (2.83%) ($96.6900 - $96.6900) on Wed. Mar. 17, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.98% (three month average) |
RSI | 57 |
Latest Price | $96.6900(2.83%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEAM advances 2.6% a day on average for past five trading days. |
Weekly Trend | BEAM advances 4.4% a week on average for past two weeks. |
Market Behavior | Value stock 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%) BLOK(56%) |
Factors Impacting BEAM price | BEAM will decline at least -3.49% in a week (0% probabilities). VIXM(-30%) UUP(-17%) VXX(-8%) 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 | -3.49% (StdDev 6.98%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0% |
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