(Beam Therapeutics Inc. )
| BEAM latest price $76.5700 (-5.06%) ($76.3600 - $76.5700) on Tue. Apr. 6, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.49% (three month average) |
RSI | 34 |
Latest Price | $76.5700(-5.06%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEAM advances 0.5% a day on average for past five trading days. |
Weekly Trend | BEAM declines -8.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support BEAM advance at 0% a week (0% probability) ARKG(60%) ARKK(60%) XBI(58%) IBB(56%) BLOK(55%) |
Factors Impacting BEAM price | BEAM will decline at least -3.245% in a week (0% probabilities). VIXM(-30%) UUP(-16%) 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 | -3.245% (StdDev 6.49%) |
Hourly BBV | -2 () |
Intraday Trend | 0% |
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