(Beam Therapeutics Inc. )
| BEAM latest price $55.7000 (5.45%) ($55.7000 - $55.7000) on Wed. Sep. 7, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.77% (three month average) |
RSI | 45 |
Latest Price | $55.7000(5.45%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEAM advances 0.5% a day on average for past five trading days. |
Weekly Trend | BEAM declines -1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support BEAM advance at 0% a week (0% probability) BLOK(48%) IBUY(36%) BND(33%) IWC(32%) PEJ(32%) |
Factors Impacting BEAM price | BEAM will decline at least -2.885% in a week (0% probabilities). UUP(-14%) VIXM(-10%) TBT(-7%) VXX(-1%) UNG(1%) |
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 | -2.885% (StdDev 5.77%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0% |
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