(Beam Therapeutics Inc. )
| BEAM latest price $25.2400 (2.27%) ($24.4250 - $25.2400) on Wed. Sep. 20, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.66% (three month average) |
RSI | 65 |
Latest Price | $25.2400(2.27%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEAM advances 0.2% a day on average for past five trading days. |
Weekly Trend | BEAM advances 2.1% 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(79%) XBI(72%) IBB(64%) ARKK(61%) TAN(60%) |
Factors Impacting BEAM price | BEAM will decline at least -1.33% in a week (0% probabilities). EDOC(-33%) TBT(-30%) UUP(-18%) VXX(-13%) VIXM(-12%) |
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 | -1.33% (StdDev 2.66%) |
Hourly BBV | 1.6 () |
Intraday Trend | 0% |
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