(Beam Therapeutics Inc. )
| BEAM latest price $21.2800 (9.63%) ($19.5000 - $21.4800) on Wed. Aug. 5, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.53% (three month average) |
RSI | 33 |
Latest Price | $21.2800(9.63%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEAM advances 0.7% a day on average for past five trading days. |
Weekly Trend | BEAM declines -7.2% a week on average for past two weeks. |
Market Behavior | Broad based 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(59%) ARKK(58%) XBI(56%) IWO(54%) IBB(53%) |
Factors Impacting BEAM price | BEAM will decline at least -2.765% in a week (0% probabilities). VIXM(-27%) UUP(-15%) VXX(-9%) XLC(-6%) 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 | -2.765% (StdDev 5.53%) |
Hourly BBV | 0 () |
Intraday Trend | 6.1% |
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