(Beam Therapeutics Inc. )
| BEAM latest price $22.2550 (0.04%) ($22.2550 - $22.2550) on Mon. Oct. 16, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.21% (three month average) |
RSI | 44 |
Latest Price | $22.2550(0.04%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEAM advances 0.4% a day on average for past five trading days. |
Weekly Trend | BEAM declines -2.8% 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(81%) XBI(73%) ARKK(67%) IWO(67%) IBB(66%) |
Factors Impacting BEAM price | BEAM will decline at least -1.605% in a week (0% probabilities). TBT(-33%) VXX(-22%) VIXM(-20%) UUP(-16%) USO(1%) |
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 | -1.605% (StdDev 3.21%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0% |
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