(Beam Therapeutics Inc. )
| BEAM latest price $33.9400 (4.75%) ($33.9400 - $34.2000) on Fri. Jun. 2, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.39% (three month average) |
RSI | 54 |
Latest Price | $33.9400(4.75%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEAM advances 0.9% a day on average for past five trading days. |
Weekly Trend | BEAM declines -3% 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(74%) ARKK(56%) ACES(49%) BWX(41%) CEMB(38%) |
Factors Impacting BEAM price | BEAM will decline at least -1.695% in a week (0% probabilities). VXX(-27%) VIXM(-21%) SHY(-17%) GLD(-13%) TBT(-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 | -1.695% (StdDev 3.39%) |
Hourly BBV | 1.6 () |
Intraday Trend | 0% |
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