(Beam Therapeutics Inc. )
| BEAM latest price $35.3600 (-1.97%) ($35.0550 - $35.3600) on Thu. May. 11, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.37% (three month average) |
RSI | 76 |
Latest Price | $35.3600(-1.97%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEAM advances 1.2% a day on average for past five trading days. |
Weekly Trend | BEAM advances 6.8% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support BEAM advance at 0% a week (0% probability) ARKG(74%) ARKK(58%) ACES(47%) BWX(41%) CEMB(41%) |
Factors Impacting BEAM price | BEAM will decline at least -1.685% in a week (0% probabilities). VXX(-25%) VIXM(-21%) SHY(-11%) GLD(-9%) TBT(-7%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.685% (StdDev 3.37%) |
Hourly BBV | 0.3 () |
Intraday Trend | 0% |
| |
|
|