(Beam Therapeutics Inc. )
| BEAM latest price $82.0500 (5.04%) ($82.0500 - $82.0500) on Fri. Apr. 30, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.47% (three month average) |
RSI | 72 |
Latest Price | $82.0500(5.04%) |
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 5.6% 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(60%) XBI(57%) BLOK(56%) IBB(56%) |
Factors Impacting BEAM price | BEAM will decline at least -2.735% in a week (0% probabilities). VIXM(-31%) UUP(-16%) VXX(-8%) IGOV(-6%) TBT(-3%) |
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 | -2.735% (StdDev 5.47%) |
Hourly BBV | 0.4 () |
Intraday Trend | 0% |
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