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Stock Trend Analysis Report

Prepared for you on Tuesday, August 16, 2022.

Beam Therapeutics Inc. (NASDAQ:BEAM)

Sidelines Mode (+55) - BEAM is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

Open High Low BEAM Price Change
69.010 69.970 63.920 64.085 -6.225
Entry Signal

MarketClub’s Trade Triangles for BEAM

long term up The long-term trend has been UP since Jul 19th, 2022 at 63.48

intermediate term up The intermediate-term trend has been UP since Jun 23rd, 2022 at 41.42

short term down The short-term trend has been DOWN since Aug 16th, 2022 at 65.52

Smart Scan Analysis for BEAM

Based on our trend formula, BEAM is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for BEAM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
69.010 69.970 63.920 64.085 -6.225
Prev. Close Volume Bid Ask Time
70.310 894364 2022-08-16 14:32:06
52wk High116.9152wk High Date2021-09-07
52wk Low27.7752wk Low Date2022-05-12
Average Volume1,249,101Shares Outstanding70,355
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