(Beam Therapeutics Inc. )
| BEAM latest price $30.8450 (12.7%) ($30.8450 - $30.8450) on Mon. Nov. 20, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.95% (three month average) |
RSI | 74 |
Latest Price | $30.8450(12.7%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEAM advances 7.3% a day on average for past five trading days. |
Weekly Trend | BEAM advances 9.8% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support BEAM advance at 0% a week (0% probability) ARKG(86%) ARKK(77%) XBI(75%) IBUY(72%) SPY(72%) |
Factors Impacting BEAM price | BEAM will decline at least -2.475% in a week (0% probabilities). TBT(-27%) UUP(-16%) VXX(-9%) UNG(-3%) VIXM(-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 | -2.475% (StdDev 4.95%) |
Hourly BBV | 1.6 () |
Intraday Trend | 0% |
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