(Beam Therapeutics Inc. )
| BEAM latest price $29.6900 (0.99%) ($29.6900 - $29.6900) on Fri. Nov. 24, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.15% (three month average) |
RSI | 62 |
Latest Price | $29.6900(0.99%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEAM advances 3.5% a day on average for past five trading days. |
Weekly Trend | BEAM advances 12.3% 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(84%) ARKK(74%) XBI(71%) SMH(69%) SPY(69%) |
Factors Impacting BEAM price | BEAM will decline at least -2.575% in a week (0% probabilities). TBT(-18%) VXX(-12%) VIXM(-11%) UUP(-9%) BNDX(-9%) |
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 | -2.575% (StdDev 5.15%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
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