(Beam Therapeutics Inc. )
| BEAM latest price $81.2400 (7.08%) ($81.2400 - $81.2400) on Wed. Mar. 31, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.46% (three month average) |
RSI | 39 |
Latest Price | $81.2400(7.08%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEAM advances 0.2% a day on average for past five trading days. |
Weekly Trend | BEAM declines -8.9% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support BEAM advance at 0% a week (0% probability) ARKG(60%) ARKK(60%) XBI(58%) IBB(57%) IWO(56%) |
Factors Impacting BEAM price | BEAM will decline at least -3.23% in a week (0% probabilities). VIXM(-30%) UUP(-16%) VXX(-8%) TBT(-2%) 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 | -3.23% (StdDev 6.46%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0% |
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