(Beam Therapeutics Inc. )
| BEAM latest price $28.5000 (-0.59%) ($28.0000 - $29.4100) on Thu. Oct. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.28% (three month average) |
RSI | 46 |
Latest Price | $28.5000(-0.59%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEAM advances 3.2% a day on average for past five trading days. |
Weekly Trend | BEAM declines -2.6% 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(60%) ARKK(58%) XBI(58%) IBB(54%) IWO(54%) |
Factors Impacting BEAM price | BEAM will decline at least -2.64% in a week (0% probabilities). VIXM(-27%) UUP(-14%) VXX(-8%) EDOC(-7%) DRIV(-5%) |
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 | -2.64% (StdDev 5.28%) |
Hourly BBV | 0 () |
Intraday Trend | -3.1% |
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