(Beam Therapeutics Inc. )
| BEAM latest price $112.3900 (1.58%) ($112.3900 - $112.3900) on Fri. Jan. 15, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.4% (three month average) |
RSI | 67 |
Latest Price | $112.3900(1.58%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEAM advances 1.9% a day on average for past five trading days. |
Weekly Trend | BEAM advances 8.9% 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(62%) ARKK(61%) XBI(59%) IBB(57%) IWO(57%) |
Factors Impacting BEAM price | BEAM will decline at least -3.2% in a week (0% probabilities). VIXM(-29%) UUP(-16%) VXX(-9%) TBT(-2%) UNG(0%) |
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 | -3.2% (StdDev 6.4%) |
Hourly BBV | 0.8 () |
Intraday Trend | 0% |
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