(Beam Therapeutics Inc. )
| BEAM latest price $87.8200 (2.49%) ($84.0600 - $87.8200) on Thu. Jun. 10, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.31% (three month average) |
RSI | 89 |
Latest Price | $87.8200(2.49%) |
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 7% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Value stock 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 -2.155% 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 | -2.155% (StdDev 4.31%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0% |
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