(Beam Therapeutics Inc. )
| BEAM latest price $68.1100 (5.47%) ($68.1100 - $68.1100) on Wed. Jul. 20, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.84% (three month average) |
RSI | 87 |
Latest Price | $68.1100(5.47%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEAM advances 4.2% a day on average for past five trading days. |
Weekly Trend | BEAM advances 19.6% a week on average for past two weeks. |
Market Behavior | Growth stock 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(51%) IBUY(40%) IWC(38%) ARKK(37%) IBB(37%) |
Factors Impacting BEAM price | BEAM will decline at least -3.42% in a week (0% probabilities). UUP(-16%) VIXM(-14%) TBT(-5%) VXX(-1%) UNG(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 | -3.42% (StdDev 6.84%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0% |
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