(Beam Therapeutics Inc. )
| BEAM latest price $35.6100 (2.18%) ($35.6100 - $35.6100) on Thu. Mar. 16, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4% (three month average) |
RSI | 42 |
Latest Price | $35.6100(2.18%) |
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 -6.7% 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) ARKG(75%) ARKK(59%) ACES(46%) BOTZ(37%) BLOK(34%) |
Factors Impacting BEAM price | BEAM will decline at least -2% in a week (0% probabilities). VIXM(-26%) SHY(-13%) GLD(-13%) EDOC(-10%) VXX(-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% (StdDev 4%) |
Hourly BBV | 1.6 () |
Intraday Trend | 0% |
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