(Beam Therapeutics Inc. )
| BEAM latest price $46.0000 (6.53%) ($42.6600 - $46.0000) on Wed. Feb. 1, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.73% (three month average) |
RSI | 66 |
Latest Price | $46.0000(6.53%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEAM advances 0.8% a day on average for past five trading days. |
Weekly Trend | BEAM advances 0.9% 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(46%) BLOK(39%) BOTZ(39%) |
Factors Impacting BEAM price | BEAM will decline at least -2.365% in a week (0% probabilities). VIXM(-29%) GLD(-11%) IGOV(-10%) VXX(-9%) SHY(-9%) |
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 | -2.365% (StdDev 4.73%) |
Hourly BBV | 2.7 () |
Intraday Trend | 0% |
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