(Beam Therapeutics Inc. )
| BEAM latest price $43.2650 (5.7%) ($43.2650 - $43.3700) on Thu. Jan. 12, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.97% (three month average) |
RSI | 57 |
Latest Price | $43.2650(5.7%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEAM advances 1.1% a day on average for past five trading days. |
Weekly Trend | BEAM advances 2.8% 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) ARKG(76%) ARKK(62%) ACES(47%) BLOK(40%) BOTZ(39%) |
Factors Impacting BEAM price | BEAM will decline at least -2.485% in a week (0% probabilities). VIXM(-29%) EDOC(-12%) GLD(-10%) VXX(-9%) SHY(-8%) |
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 | -2.485% (StdDev 4.97%) |
Hourly BBV | 2.3 () |
Intraday Trend | 0% |
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