(Beam Therapeutics Inc. )
| BEAM latest price $24.3200 (-5.07%) ($22.9100 - $27.2800) on Tue. May. 26, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.08% (three month average) |
RSI | 75 |
Latest Price | $24.3200(-5.07%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEAM advances 2.3% a day on average for past five trading days. |
Weekly Trend | BEAM advances 20.2% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support BEAM advance at 0% a week (0% probability) ARKG(58%) ARKK(57%) XBI(56%) IBB(52%) IWO(52%) |
Factors Impacting BEAM price | BEAM will decline at least -3.54% in a week (0% probabilities). VIXM(-26%) UUP(-14%) VXX(-9%) XLC(-4%) TBT(-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 | -3.54% (StdDev 7.08%) |
Hourly BBV | 0 () |
Intraday Trend | -7.9% |
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