(Beam Therapeutics Inc. )
| BEAM latest price $112.9750 (-13.38%) ($112.7350 - $112.9750) on Tue. Jul. 6, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.94% (three month average) |
RSI | 71 |
Latest Price | $112.9750(-13.38%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEAM advances 0.6% a day on average for past five trading days. |
Weekly Trend | BEAM advances 21.5% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support BEAM advance at 0% a week (0% probability) ARKG(59%) ARKK(59%) XBI(57%) IBB(56%) BLOK(55%) |
Factors Impacting BEAM price | BEAM will decline at least -2.47% in a week (0% probabilities). VIXM(-31%) UUP(-16%) VXX(-8%) IGOV(-5%) TBT(-2%) |
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 | -2.47% (StdDev 4.94%) |
Hourly BBV | -1.9 () |
Intraday Trend | 0% |
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