(Beam Therapeutics Inc. )
| BEAM latest price $29.8450 (5.87%) ($29.8450 - $29.8450) on Thu. Dec. 14, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.45% (three month average) |
RSI | 50 |
Latest Price | $29.8450(5.87%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEAM advances 0.9% a day on average for past five trading days. |
Weekly Trend | BEAM declines -2.8% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support BEAM advance at 0% a week (0% probability) GDX(95%) ARKG(89%) GDXJ(88%) IFRA(87%) IBB(85%) |
Factors Impacting BEAM price | BEAM will decline at least -2.725% in a week (0% probabilities). TBT(-29%) VXX(-26%) VIXM(-20%) BNDX(-12%) UUP(-4%) |
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 | -2.725% (StdDev 5.45%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0% |
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