(Beam Therapeutics Inc. )
| BEAM latest price $90.6500 (2.72%) ($90.6500 - $90.6500) on Wed. Dec. 23, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.35% (three month average) |
RSI | 79 |
Latest Price | $90.6500(2.72%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEAM advances 4.9% a day on average for past five trading days. |
Weekly Trend | BEAM advances 10.3% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Value stock rally 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 -3.175% 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 | -3.175% (StdDev 6.35%) |
Hourly BBV | 0.9 () |
Intraday Trend | 0% |
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