(Beam Therapeutics Inc. )
| BEAM latest price $40.2400 (0.1%) ($40.2400 - $40.2400) on Wed. Jun. 29, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.37% (three month average) |
RSI | 50 |
Latest Price | $40.2400(0.1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEAM advances 0.5% a day on average for past five trading days. |
Weekly Trend | BEAM advances 10.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support BEAM advance at 0% a week (0% probability) BLOK(53%) IBUY(43%) ARKK(42%) IBB(40%) IWC(40%) |
Factors Impacting BEAM price | BEAM will decline at least -3.185% in a week (0% probabilities). VIXM(-15%) UUP(-13%) TBT(-5%) VXX(-1%) EDOC(-0%) |
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 | -3.185% (StdDev 6.37%) |
Hourly BBV | -1 () |
Intraday Trend | 0% |
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