(Beam Therapeutics Inc. )
| BEAM latest price $28.4000 (-4.84%) ($28.4000 - $28.4000) on Fri. Dec. 15, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.49% (three month average) |
RSI | 48 |
Latest Price | $28.4000(-4.84%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEAM advances 1.4% a day on average for past five trading days. |
Weekly Trend | BEAM declines -2% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support BEAM advance at 0% a week (0% probability) GDX(95%) ARKG(89%) GDXJ(87%) IFRA(87%) IBB(85%) |
Factors Impacting BEAM price | BEAM will decline at least -2.745% in a week (0% probabilities). TBT(-42%) VXX(-24%) VIXM(-19%) EDOC(-17%) 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 | -2.745% (StdDev 5.49%) |
Hourly BBV | 0.1 () |
Intraday Trend | 0% |
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