(Beam Therapeutics Inc. )
| BEAM latest price $34.5600 (0.54%) ($34.5600 - $34.5600) on Wed. Jun. 7, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.38% (three month average) |
RSI | 47 |
Latest Price | $34.5600(0.54%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEAM advances 1.6% a day on average for past five trading days. |
Weekly Trend | BEAM declines -1.1% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off 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 -1.69% 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 | -1.69% (StdDev 3.38%) |
Hourly BBV | 0.8 () |
Intraday Trend | 0% |
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