(Beam Therapeutics Inc. )
| BEAM latest price $19.5100 (-8.83%) ($19.2600 - $21.0000) on Thu. May. 14, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.93% (three month average) |
RSI | 55 |
Latest Price | $19.5100(-8.83%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEAM advances 2.8% a day on average for past five trading days. |
Weekly Trend | BEAM advances 9.8% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Normal 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 -3.465% in a week (0% probabilities). VIXM(-26%) UUP(-14%) VXX(-9%) XLC(-4%) IYT(-4%) |
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 | -3.465% (StdDev 6.93%) |
Hourly BBV | 0 () |
Intraday Trend | -6.6% |
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