(Beam Therapeutics Inc. )
| BEAM latest price $44.5100 (0.52%) ($44.1400 - $44.5100) on Wed. Jan. 18, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.89% (three month average) |
RSI | 71 |
Latest Price | $44.5100(0.52%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEAM advances 2.5% a day on average for past five trading days. |
Weekly Trend | BEAM advances 6.3% 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) ARKG(75%) ARKK(61%) ACES(47%) BOTZ(40%) BLOK(39%) |
Factors Impacting BEAM price | BEAM will decline at least -2.445% in a week (0% probabilities). VIXM(-29%) GLD(-11%) VXX(-9%) SHY(-8%) IGOV(-8%) |
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 | -2.445% (StdDev 4.89%) |
Hourly BBV | 0.7 () |
Intraday Trend | 0% |
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