(Beam Therapeutics Inc. )
| BEAM latest price $31.8800 (-2.24%) ($31.5100 - $34.0000) on Mon. Oct. 19, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.32% (three month average) |
RSI | 71 |
Latest Price | $31.8800(-2.24%) |
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 13.1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support BEAM advance at 0% a week (0% probability) ARKG(60%) ARKK(59%) XBI(58%) IBB(55%) IWO(55%) |
Factors Impacting BEAM price | BEAM will decline at least -2.66% in a week (0% probabilities). VIXM(-27%) UUP(-14%) VXX(-8%) EDOC(-8%) 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 | -2.66% (StdDev 5.32%) |
Hourly BBV | 0 () |
Intraday Trend | -4.4% |
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