(Beam Therapeutics Inc. )
| BEAM latest price $44.6100 (4.64%) ($44.6100 - $44.6400) on Fri. Jan. 20, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.87% (three month average) |
RSI | 67 |
Latest Price | $44.6100(4.64%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEAM advances 0.6% a day on average for past five trading days. |
Weekly Trend | BEAM advances 5.7% 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) ARKG(76%) ARKK(62%) ACES(47%) BLOK(40%) BOTZ(40%) |
Factors Impacting BEAM price | BEAM will decline at least -2.435% 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 | -2.435% (StdDev 4.87%) |
Hourly BBV | 0.7 () |
Intraday Trend | 0% |
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