(Beam Therapeutics Inc. )
| BEAM latest price $29.5200 (-0.02%) ($29.5200 - $29.5200) on Mon. Dec. 4, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.24% (three month average) |
RSI | 74 |
Latest Price | $29.5200(-0.02%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEAM advances 0.2% a day on average for past five trading days. |
Weekly Trend | BEAM advances 7.4% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support BEAM advance at 0% a week (0% probability) GLD(99%) ARKG(88%) IFRA(81%) GDX(82%) GDXJ(78%) |
Factors Impacting BEAM price | BEAM will decline at least -2.62% in a week (0% probabilities). TBT(-28%) VXX(-27%) VIXM(-26%) BNDX(-10%) UUP(-7%) |
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 | -2.62% (StdDev 5.24%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0% |
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