(Beam Therapeutics Inc. )
| BEAM latest price $29.1500 (-1.82%) ($29.1500 - $29.4800) on Mon. Nov. 27, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.16% (three month average) |
RSI | 66 |
Latest Price | $29.1500(-1.82%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEAM advances 1.2% a day on average for past five trading days. |
Weekly Trend | BEAM advances 13.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support BEAM advance at 0% a week (0% probability) SPY(87%) ARKG(82%) ARKK(72%) IBUY(71%) IVE(68%) |
Factors Impacting BEAM price | BEAM will decline at least -2.58% in a week (0% probabilities). EDOC(-40%) TBT(-24%) VIXM(-12%) VXX(-11%) BNDX(-8%) |
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 | -2.58% (StdDev 5.16%) |
Hourly BBV | -0 () |
Intraday Trend | 0% |
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