(Beam Therapeutics Inc. )
| BEAM latest price $80.0200 (0.79%) ($80.0200 - $80.0200) on Thu. Jun. 3, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.99% (three month average) |
RSI | 73 |
Latest Price | $80.0200(0.79%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEAM advances 0.1% a day on average for past five trading days. |
Weekly Trend | BEAM advances 6% a week on average for past two weeks. |
Market Behavior | Growth stock 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(59%) ARKK(59%) XBI(57%) IBB(56%) BLOK(55%) |
Factors Impacting BEAM price | BEAM will decline at least -2.495% in a week (0% probabilities). VIXM(-32%) UUP(-16%) VXX(-8%) IGOV(-4%) TBT(-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 | -2.495% (StdDev 4.99%) |
Hourly BBV | 1.8 () |
Intraday Trend | 0% |
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