(Beam Therapeutics Inc. )
| BEAM latest price $27.9500 (-9.39%) ($27.9400 - $27.9500) on Tue. Nov. 21, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.1% (three month average) |
RSI | 68 |
Latest Price | $27.9500(-9.39%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEAM advances 2.6% a day on average for past five trading days. |
Weekly Trend | BEAM advances 9.7% a week on average for past two weeks. |
Market Behavior | Value stocks 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(86%) ARKK(77%) XBI(75%) IBUY(72%) SPY(72%) |
Factors Impacting BEAM price | BEAM will decline at least -2.55% 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 | -2.55% (StdDev 5.1%) |
Hourly BBV | -0.2 () |
Intraday Trend | 0% |
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