(Beam Therapeutics Inc. )
| BEAM latest price $41.1200 (10.3%) ($41.1200 - $41.5750) on Wed. Jan. 4, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.96% (three month average) |
RSI | 47 |
Latest Price | $41.1200(10.3%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEAM advances 1.4% a day on average for past five trading days. |
Weekly Trend | BEAM declines -3.5% a week on average for past two weeks. |
Market Behavior | Value stock 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(40%) BND(25%) JETS(15%) IWC(13%) PEJ(13%) |
Factors Impacting BEAM price | BEAM will decline at least -2.48% in a week (0% probabilities). XLU(-19%) XLP(-18%) XLRE(-13%) VYM(-13%) XLV(-11%) |
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 | -2.48% (StdDev 4.96%) |
Hourly BBV | 2.1 () |
Intraday Trend | 0% |
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