(Beam Therapeutics Inc. )
| BEAM latest price $32.5500 (3.19%) ($32.5500 - $32.5500) on Tue. Jul. 25, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.77% (three month average) |
RSI | 53 |
Latest Price | $32.5500(3.19%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEAM advances 1.4% a day on average for past five trading days. |
Weekly Trend | BEAM advances 0.6% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support BEAM advance at 0% a week (0% probability) ARKG(74%) XBI(70%) IBB(62%) ARKK(57%) TAN(56%) |
Factors Impacting BEAM price | BEAM will decline at least -1.385% in a week (0% probabilities). TBT(-34%) UUP(-20%) VXX(-15%) VIXM(-15%) IGOV(2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.385% (StdDev 2.77%) |
Hourly BBV | 2.1 () |
Intraday Trend | 0% |
| |
|
|