BEAM THERAPEUTICS INC (BEAM) Technical Analysis
NASDAQ:BEAM • US07373V1052
Current stock price
25.16 USD
-0.43 (-1.68%)
At close:
24.9002 USD
-0.26 (-1.03%)
After Hours:
BEAM Technical Rating and Analysis
Overall BEAM gets a technical rating of 0 out of 10. BEAM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 66% of all other stocks performed better in the past year than BEAM.
- In the last month BEAM has a been trading in the 24.60 - 34.20 range, which is quite wide. It is currently trading near the lows of this range.
- BEAM has an average volume of 1921440 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- BEAM is part of the Biotechnology industry. There are 519 other stocks in this industry, BEAM did better than 49% of them.
- BEAM is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BEAM is lagging the market slightly.
BEAM Weekly and Daily overview Charts
BEAM Setup Rating and Analysis
BEAM has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
BEAM Support and Resistance Analysis
17.63
32.72
We found 2 important support areas.
- Support @24.73 from a horizontal line in the daily time frame.
- Support @17.81 from a trend line in the weekly time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 27.60 to 27.62. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 28.46 to 28.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @30.79 from a trend line in the daily time frame.
- Resistance @31.42 from a trend line in the weekly time frame.
- Resistance @32.40 from a horizontal line in the weekly time frame.
BEAM Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for BEAM is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BEAM is down. |
| ChartMill Relative Strength | 34.73 | NEUTRAL | BEAM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BEAM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BEAM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BEAM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.85 | NEUTRAL | The RSI value for BEAM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.27 | NEGATIVE | The MACD value suggests BEAM has a negative trend. |
| Stochastics (14,3) | 10.52 | OVERSOLD | The low Stochastics value suggests BEAM may be oversold. |
| Average True Range in percent/ATR (20) | 7.89 | HIGH VOLATILITY | The high ATR as a percentage value for BEAM suggests high volalility. |
| Average Directional Index/ADX (14) | 10.85 | NEGATIVE | The low ADX value for BEAM suggests a weak or negative trend. |
BEAM Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
BEAM Technicals: Chart, Performance Metrics, Trend & Indicators
25.16
-0.43 (-1.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.68%
1 Week-5.2%
2 Weeks-11.6%
1 Month-6.57%
3 Month-8.04%
6 Month22.14%
12 Month3.84%
2 Year-23.85%
3 Year-17.83%
5 Year-68.57%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.16
ATR(20)%7.89%
ATR Inc-31.66%
Range Today1.48
ADR(20)1.85
ADR(20)%7.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.73
3 months CRS31.43
6 months CRS87.66
Mansfield0.85
10 Day High28.96
10 Day Low24.6
20 Day High34.2
20 Day Low24.6
52 Week High36.44
52 Week Low13.53
CS1 End24.73
CR1 Start27.6
Volume & EV
DER(3)-2.02%
DER(5)-0.37%
Volume1.66M
Volume Incr-12.01%
Vol(5)1.67M
Vol(50)1.92M
BEAM THERAPEUTICS INC / BEAM TA FAQ
What is the ChartMill technical rating of BEAM THERAPEUTICS INC (BEAM) stock?
ChartMill assigns a technical rating of 0 / 10 to BEAM.
Can you provide the trend direction for BEAM THERAPEUTICS INC?
The current trend direction for BEAM THERAPEUTICS INC (BEAM) is Bearish.
Can you provide the RSI signal for BEAM THERAPEUTICS INC?
BEAM THERAPEUTICS INC (BEAM) has an RSI value of 40.8509. This indicates that the stock is currently neutral.
Can you provide the MACD signal for BEAM THERAPEUTICS INC?
The MACD indicator for BEAM THERAPEUTICS INC (BEAM) has a value of -0.27368, indicating a bearish trend.
Can you provide the short term momentum for BEAM THERAPEUTICS INC?
The short term momentum for BEAM THERAPEUTICS INC (BEAM) is negative.