(Beam Therapeutics Inc. )
| BEAM latest price $37.2800 (-4.19%) ($36.6600 - $37.2800) on Tue. Jan. 3, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.88% (three month average) |
RSI | 32 |
Latest Price | $37.2800(-4.19%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEAM advances 0.3% a day on average for past five trading days. |
Weekly Trend | BEAM declines -4.5% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support BEAM advance at 0% a week (0% probability) BLOK(40%) BND(25%) JETS(15%) IWC(13%) PEJ(13%) |
Factors Impacting BEAM price | BEAM will decline at least -2.44% in a week (0% probabilities). XLU(-19%) XLP(-18%) XLRE(-13%) VYM(-13%) XLV(-11%) |
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 | -2.44% (StdDev 4.88%) |
Hourly BBV | -1 () |
Intraday Trend | 0% |
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