(Beam Therapeutics Inc. )
| BEAM latest price $96.6450 (2.27%) ($96.6450 - $96.6800) on Tue. Nov. 2, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.72% (three month average) |
RSI | 62 |
Latest Price | $96.6450(2.27%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEAM advances 0.5% a day on average for past five trading days. |
Weekly Trend | BEAM advances 0.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support BEAM advance at 0% a week (0% probability) ARKK(60%) ARKG(59%) BLOK(58%) IBB(57%) XBI(57%) |
Factors Impacting BEAM price | BEAM will decline at least -1.86% in a week (0% probabilities). VIXM(-32%) UUP(-16%) VXX(-7%) TBT(-4%) UNG(-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 | -1.86% (StdDev 3.72%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0% |
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