(Beam Therapeutics Inc. )
| BEAM latest price $30.5500 (0.89%) ($30.0400 - $30.5500) on Fri. Mar. 31, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.91% (three month average) |
RSI | 35 |
Latest Price | $30.5500(0.89%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEAM advances 0.2% a day on average for past five trading days. |
Weekly Trend | BEAM declines -5.5% 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(74%) ARKK(58%) ACES(47%) BOTZ(36%) BWX(36%) |
Factors Impacting BEAM price | BEAM will decline at least -1.955% in a week (0% probabilities). VXX(-27%) VIXM(-23%) SHY(-14%) GLD(-10%) GDXJ(-4%) |
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 | -1.955% (StdDev 3.91%) |
Hourly BBV | 0.2 () |
Intraday Trend | 0% |
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