(Beam Therapeutics Inc. )
| BEAM latest price $52.7500 (4.25%) ($52.7500 - $52.7500) on Tue. Jul. 12, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 6.89% (three month average) |
RSI | 76 |
Latest Price | $52.7500(4.25%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEAM advances 2.5% a day on average for past five trading days. |
Weekly Trend | BEAM advances 12.3% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support BEAM advance at 0% a week (0% probability) BLOK(52%) IBUY(41%) ARKK(40%) IBB(39%) IWC(39%) |
Factors Impacting BEAM price | BEAM will decline at least -3.445% in a week (0% probabilities). VIXM(-14%) UUP(-13%) TBT(-5%) VXX(-1%) XLU(2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -3.445% (StdDev 6.89%) |
Hourly BBV | 0.9 () |
Intraday Trend | 0% |
| |
|
|