(Beam Therapeutics Inc. )
| BEAM latest price $22.2150 (-0.34%) ($22.2150 - $22.2150) on Wed. Oct. 11, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.13% (three month average) |
RSI | 38 |
Latest Price | $22.2150(-0.34%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEAM advances 0.6% a day on average for past five trading days. |
Weekly Trend | BEAM declines -4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support BEAM advance at 0% a week (0% probability) ARKG(80%) XBI(74%) IBB(64%) IWM(63%) ARKK(62%) |
Factors Impacting BEAM price | BEAM will decline at least -1.565% in a week (0% probabilities). TBT(-32%) UUP(-18%) VXX(-16%) VIXM(-13%) USO(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 | -1.565% (StdDev 3.13%) |
Hourly BBV | 0.5 () |
Intraday Trend | 0% |
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