(Beam Therapeutics Inc. )
| BEAM latest price $28.5000 (-3.09%) ($27.5800 - $29.7000) on Mon. Oct. 12, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.03% (three month average) |
RSI | 52 |
Latest Price | $28.5000(-3.09%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEAM advances 3.4% a day on average for past five trading days. |
Weekly Trend | BEAM advances 4.3% 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(59%) XBI(58%) IBB(54%) IWO(54%) |
Factors Impacting BEAM price | BEAM will decline at least -2.515% 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 | -2.515% (StdDev 5.03%) |
Hourly BBV | 0 () |
Intraday Trend | -2.9% |
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