(Beam Therapeutics Inc. )
| BEAM latest price $34.3750 (1.07%) ($34.3750 - $34.3750) on Tue. Jun. 6, 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 | $34.3750(1.07%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEAM advances 1.5% a day on average for past five trading days. |
Weekly Trend | BEAM declines -1.7% 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(74%) ARKK(56%) ACES(49%) BWX(41%) CEMB(37%) |
Factors Impacting BEAM price | BEAM will decline at least -1.695% in a week (0% probabilities). VXX(-26%) VIXM(-22%) SHY(-19%) GLD(-14%) 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 | 1.3 () |
Intraday Trend | 0% |
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