(Beam Therapeutics Inc. )
| BEAM latest price $28.6500 (-0.16%) ($28.6500 - $28.6500) on Thu. Dec. 7, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.24% (three month average) |
RSI | 65 |
Latest Price | $28.6500(-0.16%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEAM advances 0.5% a day on average for past five trading days. |
Weekly Trend | BEAM advances 1.3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support BEAM advance at 0% a week (0% probability) ARKG(88%) IFRA(81%) GDX(83%) GDXJ(80%) SIL(77%) |
Factors Impacting BEAM price | BEAM will decline at least -2.62% in a week (0% probabilities). TBT(-31%) VXX(-26%) VIXM(-24%) BNDX(-9%) 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 | -0.7 () |
Intraday Trend | 0% |
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