Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Beam Therapeutics Inc. (NASDAQ:BEAM)
Long-Term Downtrend (-90) - BEAM is in a strong downtrend that is likely to continue. While BEAM is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid BEAM?
MarketClub looks at technical strength and momentum to determine if the timing is right for BEAM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for BEAM
The long-term trend has been DOWN since Apr 24th, 2024 at 22.7504
The intermediate-term trend has been DOWN since Mar 19th, 2024 at 33.5046
The short-term trend has been DOWN since May 7th, 2024 at 22.0000
Smart Scan Analysis for BEAM
Based on our trend formula, BEAM is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 22.240 | 22.820 | 22.020 | 22.515 | +0.275 |
| Prev. Close | Volume | Bid | Ask | Time |
| 22.240 | 430908 | 2024-05-09 15:12:08 |
| 52wk High | 49.5 | 52wk High Date | 2024-02-27 |
| 52wk Low | 16.95 | 52wk Low Date | 2023-10-23 |
| Average Volume | 1,572,669 | Shares Outstanding | 82,311 |
| Assets | 135,979,600M | Liabilities | 446,306,000M |