(Beam Therapeutics Inc. )
| BEAM latest price $54.4500 (-1.29%) ($52.4600 - $54.4500) on Tue. Aug. 30, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.85% (three month average) |
RSI | 38 |
Latest Price | $54.4500(-1.29%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEAM advances 0.1% a day on average for past five trading days. |
Weekly Trend | BEAM declines -7.2% a week on average for past two weeks. |
Market Behavior | Broad based sell-off 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(49%) IBUY(37%) IWC(34%) PEJ(34%) BND(33%) |
Factors Impacting BEAM price | BEAM will decline at least -2.925% in a week (0% probabilities). UUP(-15%) VIXM(-12%) TBT(-6%) VXX(-1%) UNG(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 | -2.925% (StdDev 5.85%) |
Hourly BBV | -0.8 () |
Intraday Trend | 0% |
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