(Beam Therapeutics Inc. )
| BEAM latest price $25.4200 (3.59%) ($25.4200 - $25.4200) on Thu. Sep. 7, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.67% (three month average) |
RSI | 66 |
Latest Price | $25.4200(3.59%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEAM advances 1.6% a day on average for past five trading days. |
Weekly Trend | BEAM advances 1.4% a week on average for past two weeks. |
Market Behavior | Growth stock 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(76%) XBI(70%) IBB(61%) ARKK(59%) TAN(58%) |
Factors Impacting BEAM price | BEAM will decline at least -1.335% in a week (0% probabilities). TBT(-29%) UUP(-17%) VIXM(-12%) VXX(-11%) USO(6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.335% (StdDev 2.67%) |
Hourly BBV | 1.6 () |
Intraday Trend | 0% |
| |
|
|