(Beam Therapeutics Inc. )
| BEAM latest price $85.3800 (3.28%) ($82.2100 - $85.3800) on Mon. Jun. 7, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.78% (three month average) |
RSI | 79 |
Latest Price | $85.3800(3.28%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEAM advances 1.8% a day on average for past five trading days. |
Weekly Trend | BEAM advances 6.4% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Broad based rally 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 -2.39% 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 | -2.39% (StdDev 4.78%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0% |
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