(Beam Therapeutics Inc. )
| BEAM latest price $74.1600 (2.12%) ($69.0300 - $74.5600) on Wed. Mar. 2, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.68% (three month average) |
RSI | 57 |
Latest Price | $74.1600(2.12%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEAM advances 2.8% a day on average for past five trading days. |
Weekly Trend | BEAM advances 5% 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) BLOK(60%) ARKK(57%) ARKG(55%) IBUY(55%) IBB(54%) |
Factors Impacting BEAM price | BEAM will decline at least -2.84% in a week (0% probabilities). VIXM(-29%) UUP(-17%) TBT(-6%) VXX(-5%) UNG(-2%) |
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 | -2.84% (StdDev 5.68%) |
Hourly BBV | -0.4 () |
Intraday Trend | 0% |
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