(Beam Therapeutics Inc. )
| BEAM latest price $31.5600 (3.95%) ($31.5600 - $31.5600) on Wed. May. 3, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.36% (three month average) |
RSI | 44 |
Latest Price | $31.5600(3.95%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEAM advances 0.8% a day on average for past five trading days. |
Weekly Trend | BEAM declines -1.2% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support BEAM advance at 0% a week (0% probability) ARKG(74%) ARKK(57%) ACES(46%) BWX(41%) CEMB(39%) |
Factors Impacting BEAM price | BEAM will decline at least -1.68% in a week (0% probabilities). VXX(-25%) VIXM(-21%) SHY(-11%) GLD(-9%) TBT(-6%) |
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 | -1.68% (StdDev 3.36%) |
Hourly BBV | 1.9 () |
Intraday Trend | 0% |
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