(Beam Therapeutics Inc. )
| BEAM latest price $25.6200 (-3.5%) ($24.5200 - $26.5400) on Fri. May. 22, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.11% (three month average) |
RSI | 80 |
Latest Price | $25.6200(-3.5%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEAM advances 3.5% a day on average for past five trading days. |
Weekly Trend | BEAM advances 21.9% 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(58%) ARKK(57%) XBI(55%) IBB(52%) BLOK(51%) |
Factors Impacting BEAM price | BEAM will decline at least -3.555% in a week (0% probabilities). VIXM(-25%) 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 | -3.555% (StdDev 7.11%) |
Hourly BBV | 0 () |
Intraday Trend | -3% |
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