(Beam Therapeutics Inc. )
| BEAM latest price $29.6800 (6.46%) ($29.6800 - $29.6800) on Fri. Dec. 22, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.64% (three month average) |
RSI | 50 |
Latest Price | $29.6800(6.46%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEAM advances 0.9% a day on average for past five trading days. |
Weekly Trend | BEAM advances 0.4% 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) IFRA(93%) IWN(92%) IBB(90%) GDX(89%) LIT(89%) |
Factors Impacting BEAM price | BEAM will decline at least -2.82% in a week (0% probabilities). VXX(-61%) VIXM(-35%) TBT(-32%) BNDX(-15%) UUP(5%) |
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 | -2.82% (StdDev 5.64%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
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