(Beam Therapeutics Inc. )
| BEAM latest price $88.8200 (22.99%) ($88.8200 - $88.8200) on Mon. Dec. 21, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.5% (three month average) |
RSI | 80 |
Latest Price | $88.8200(22.99%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEAM advances 1.3% a day on average for past five trading days. |
Weekly Trend | BEAM advances 11.3% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Rotation from value to growth for small cap. |
Correlated ETFs | Broad market will support BEAM advance at 0% a week (0% probability) ARKG(61%) ARKK(60%) XBI(58%) IBB(56%) BLOK(55%) |
Factors Impacting BEAM price | BEAM will decline at least -3.25% in a week (0% probabilities). VIXM(-27%) UUP(-15%) VXX(-8%) TBT(-2%) EDOC(-2%) |
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 | -3.25% (StdDev 6.5%) |
Hourly BBV | 2.2 () |
Intraday Trend | 0% |
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