(Beam Therapeutics Inc. )
| BEAM latest price $24.1000 (2.68%) ($23.8600 - $24.5000) on Mon. Aug. 10, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.83% (three month average) |
RSI | 56 |
Latest Price | $24.1000(2.68%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEAM advances 4.7% a day on average for past five trading days. |
Weekly Trend | BEAM advances 2.3% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock 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 -2.915% in a week (0% probabilities). VIXM(-27%) UUP(-14%) VXX(-9%) XLC(-6%) EDOC(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.915% (StdDev 5.83%) |
Hourly BBV | 0 () |
Intraday Trend | -1.6% |
| |
|
|