(Beam Therapeutics Inc. )
| BEAM latest price $29.7100 (-1.33%) ($29.7100 - $29.7100) on Wed. Apr. 12, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.51% (three month average) |
RSI | 42 |
Latest Price | $29.7100(-1.33%) |
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 -1% 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(58%) ACES(47%) BWX(39%) BOTZ(36%) |
Factors Impacting BEAM price | BEAM will decline at least -1.755% in a week (0% probabilities). VXX(-26%) VIXM(-23%) SHY(-12%) EDOC(-11%) GLD(-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 | -1.755% (StdDev 3.51%) |
Hourly BBV | -1.6 () |
Intraday Trend | 0% |
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