(Beam Therapeutics Inc. )
| BEAM latest price $27.3700 (10.45%) ($27.3700 - $27.3700) on Fri. Nov. 17, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.72% (three month average) |
RSI | 75 |
Latest Price | $27.3700(10.45%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEAM advances 4.4% a day on average for past five trading days. |
Weekly Trend | BEAM advances 7.3% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support BEAM advance at 0% a week (0% probability) ARKG(87%) ARKK(77%) XBI(75%) IBUY(72%) IWM(72%) |
Factors Impacting BEAM price | BEAM will decline at least -2.36% in a week (0% probabilities). TBT(-22%) UUP(-17%) VXX(-10%) UNG(-1%) BNDX(-1%) |
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 | -2.36% (StdDev 4.72%) |
Hourly BBV | 1.7 () |
Intraday Trend | 0% |
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