(Beam Therapeutics Inc. )
| BEAM latest price $95.4000 (8.69%) ($95.4000 - $96.3900) on Mon. Dec. 28, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 6.47% (three month average) |
RSI | 73 |
Latest Price | $95.4000(8.69%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEAM advances 5.4% a day on average for past five trading days. |
Weekly Trend | BEAM advances 10.9% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support BEAM advance at 0% a week (0% probability) ARKG(61%) ARKK(60%) XBI(58%) BLOK(56%) IBB(56%) |
Factors Impacting BEAM price | BEAM will decline at least -3.235% in a week (0% probabilities). VIXM(-28%) UUP(-15%) VXX(-8%) TBT(-2%) UNG(-0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -3.235% (StdDev 6.47%) |
Hourly BBV | 0.6 () |
Intraday Trend | 0% |
| |
|
|