(Beam Therapeutics Inc. )
| BEAM latest price $27.4300 (-3.42%) ($27.4200 - $27.4300) on Mon. Dec. 18, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.49% (three month average) |
RSI | 43 |
Latest Price | $27.4300(-3.42%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEAM advances 0.5% a day on average for past five trading days. |
Weekly Trend | BEAM declines -1.8% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support BEAM advance at 0% a week (0% probability) IVE(95%) ARKG(94%) IFRA(94%) GDX(99%) GDXJ(89%) |
Factors Impacting BEAM price | BEAM will decline at least -2.745% in a week (0% probabilities). EDOC(-50%) VXX(-39%) TBT(-32%) VIXM(-27%) BNDX(-17%) |
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 | -1.4 () |
Intraday Trend | 0% |
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