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Stock Trend Analysis Report

Prepared for you on Tuesday, May 21, 2024.

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.

NASDAQ_BEAM
Open High Low BEAM Price Change
24.78 25.18 24.15 24.85 +0.23
Entry Signal

MarketClub’s Trade Triangles for BEAM

long term down The long-term trend has been DOWN since Apr 24th, 2024 at 22.7504

intermediate term up The intermediate-term trend has been UP since May 14th, 2024 at 25.4699

short term down The short-term trend has been DOWN since May 17th, 2024 at 23.3500

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).

-55
Smart Scan Analysis for BEAM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24.78 25.18 24.15 24.85 +0.23
Prev. Close Volume Bid Ask Time
24.84 435605 2024-05-20 15:59:39
52wk High49.552wk High Date2024-02-27
52wk Low16.9552wk Low Date2023-10-23
Average Volume1,207,763Shares Outstanding82,311
Assets135,979,600MLiabilities446,306,000M
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