(Beam Therapeutics Inc. )
| BEAM latest price $65.5000 (7.13%) ($65.5000 - $65.5000) on Wed. Aug. 10, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.32% (three month average) |
RSI | 45 |
Latest Price | $65.5000(7.13%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEAM advances 0.8% a day on average for past five trading days. |
Weekly Trend | BEAM declines -1.6% 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(51%) IBUY(38%) IWC(36%) ARKK(35%) BOTZ(35%) |
Factors Impacting BEAM price | BEAM will decline at least -3.16% in a week (0% probabilities). UUP(-15%) VIXM(-14%) TBT(-6%) 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 | -3.16% (StdDev 6.32%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0% |
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