(Beam Therapeutics Inc. )
| BEAM latest price $51.5400 (7.64%) ($51.5400 - $51.5400) on Tue. Oct. 4, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.5% (three month average) |
RSI | 42 |
Latest Price | $51.5400(7.64%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEAM advances 1.3% a day on average for past five trading days. |
Weekly Trend | BEAM declines -6.2% 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%) BND(33%) IBUY(33%) BOTZ(30%) IWC(30%) |
Factors Impacting BEAM price | BEAM will decline at least -2.75% in a week (0% probabilities). UUP(-13%) VIXM(-8%) TBT(-6%) VXX(-1%) UNG(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.75% (StdDev 5.5%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0% |
| |
|
|