(Beam Therapeutics Inc. )
| BEAM latest price $16.4900 (4.63%) ($16.0100 - $16.7200) on Tue. May. 5, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.77% (three month average) |
RSI | 55 |
Latest Price | $16.4900(4.63%) |
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 -0.5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support BEAM advance at 0% a week (0% probability) ARKG(58%) ARKK(56%) XBI(56%) IBB(52%) IWO(51%) |
Factors Impacting BEAM price | BEAM will decline at least -3.385% in a week (0% probabilities). VIXM(-26%) UUP(-13%) VXX(-9%) IYT(-4%) XLC(-3%) |
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 | -3.385% (StdDev 6.77%) |
Hourly BBV | 0 () |
Intraday Trend | 0.9% |
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