Trading Signals: BEAM Stock Price Prediction and Forecast

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Wed. Jun. 28, 2023

Trading Signals: BEAM Stock Price Prediction and Forecast (Thu. Feb. 6, 2020 - Fri. Dec. 22, 2023)

(Beam Therapeutics Inc. )
BEAM latest price $32.8300 (2.43%) ($32.8300 - $32.8700) on Wed. Jun. 28, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.88% (three month average)
RSI   39
Latest Price   $32.8300(2.43%)
Stocks Behave Similarly   Similar Stock List
Weekly Trend   BEAM declines -1.9% a week on average for past two weeks.
Market Behavior   Normal for large cap. Growth stock rally for small cap.
Correlated ETFs   Broad market will support BEAM advance at 0% a week (0% probability)
ARKG(74%)    XBI(70%)    IBB(61%)    ARKK(57%)    TAN(56%)
Factors Impacting BEAM price   BEAM will decline at least -1.44% in a week (0% probabilities).
TBT(-34%)    UUP(-19%)    VIXM(-17%)    VXX(-16%)    USO(6%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.44% (StdDev 2.88%)
Hourly BBV 2.1 ()
Intraday Trend 0%

1 - 5 Day Possible Target   $27.49(-16.27%)
Resistance Level   $33.14
5 Day Moving Average   $32.25(1.8%)
10 Day Moving Average   $32.89(-0.18%)
20 Day Moving Average   $33.14(-0.94%)
To recent high   -9%
To recent low   12%
Market Cap   $1.958b

Beam Therapeutics, Inc. develops and commercializes DNA base editing technologies for the treatment of human disease. Its licensed technology platform, which includes access to base editing technologies and associated technologies that enhance the scope of base editing. The company was founded by David R. Liu, Feng Zhang and J. Keith Joung on January 25, 2017 and is headquartered in Cambridge, MA.

$. BEAM price fluctuates within 2.63% (three month std-dev: 2.88%) daily (68% of days).

Sample size 8 Average positive next day return: 1.54%(50%) Average negative next day return: -2.13%(50%) Sample size 8 Average positive next three day return: 2.86%(38%) Average negative next three day return: -2.74%(63%) Sample size 8 Average positive next weekly return: 1.88%(38%) Average negative next weekly return: -3.8%(63%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20230728

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Jun_28_2023	34.08	33.14	32.89	32.25	32.15	32.45	32.83(2.43%)	DP	OpenShort	-65	0.7	-1	60	10	-35	0.44	62%	-0.44	-23.6	2.88%	2.1	-0.4	39	1.2
2	Jun_27_2023	34.23	33.1	32.99	32.26	32.04	31.93	32.05(0.25%)	DP	OpenShort	-75	-0.2	-17	-40	-8	-45	0.36	62%	-0.47	-38.2	2.87%	0.5	-1.2	36	1.1
3	Jun_26_2023	34.39	33.13	33.09	32.59	32.24	31.85	31.97(0.25%)	DP	OpenShort	-75	-0.7	-26	-120	-19	-45	0.57	62%	-0.52	-38.6	2.88%	0.3	-1.3	39	1
4	Jun_23_2023	34.57	33.16	33.14	32.99	32.72	32.15	31.89(-1.97%)	DT	OpenShort	-75	-1.3	-28	-150	-23	-43	0.4	62%	-0.49	-40.8	2.88%	-0.8	-1.5	39	1.1
5	Jun_22_2023	34.74	33.24	33.32	33.41	33.24	32.64	32.53(-1.05%)	DT	OpenShort	-75	-1	-20	-140	-19	-21	0.5	57%	-0.4	-36.4	2.87%	-0.1	-0.8	54	1.4

6	Jun_21_2023	34.88	33.34	33.52	33.6	33.56	33.29	32.88(-2.42%)	CR	SmallShort	-20	-0.9	-11	-60	-15	1	0.55	57%	-0.29	-26.4	2.96%	-0.5	-0.6	58	1.3
7	Jun_20_2023	34.98	33.45	33.67	33.81	33.71	33.29	33.69(-0.8%)	UD	OpenLong	75	-0.1	9	20	2	29	0.4	57%	-0.57	-22.7	2.94%	-0.1	0.3	63	1.2
8	Jun_16_2023	35.18	33.48	33.67	33.67	33.77	33.83	33.96(-0.12%)	UD	OpenLong	75	0.3	19	20	13	37	0.6	51%	-0.28	-19.9	3.07%	0.1	0.5	60	1.6
9	Jun_15_2023	35.28	33.52	33.69	33.32	33.62	33.58	34(1.64%)	UT	OpenLong	75	0.7	11	20	4	30	0.72	51%	-0.28	-30.6	3.09%	1.1	0.5	61	1.2
10	Jun_14_2023	35.38	33.55	33.54	33.22	33.23	33.71	33.45(-1.53%)	UT	HoldLong	50	0.2	2	100	-4	19	0.45	51%	-0.34	-37.7	3.09%	-0.2	-0.1	51	4.5

11	Jun_13_2023	35.5	33.56	33.4	33.44	33.25	33.66	33.97(3.06%)	UT	OpenLong	75	0.5	14	70	12	19	0.63	55%	-0.28	-35.8	3.09%	1.3	0.4	45	1.3
12	Jun_12_2023	35.6	33.65	33.2	33.52	33.39	32.75	32.96(2.36%)	DP	OpenShort	-75	-0.5	-7	-150	-8	-3	0.56	55%	-0.34	-20.1	3.16%	-0.7	-0.6	37	1.4
13	Jun_9_2023	35.72	33.67	33.16	33.73	33.65	32.83	32.2(-3.94%)	DT	OpenShort	-75	-1.3	-25	-180	-29	-14	0.74	46%	-0.31	-17.1	3.33%	-2	-1.3	39	1.7
14	Jun_8_2023	35.83	33.83	33.2	34.08	34.12	34.04	33.52(-3.01%)	DT	OpenShort	-75	-0.5	-5	-10	-4	-6	0.36	48%	-0.31	-0.9	3.4%	-1.3	-0.3	41	2
15	Jun_7_2023	35.94	33.95	33.18	33.86	34.24	34.47	34.56(0.54%)	N/A	N/A	0	0.6	11	80	18	-11	0.46	48%	-0.28	10.2	3.38%	0.8	0.5	47	2.2

16	Jun_6_2023	36.04	33.94	33.15	33.33	33.7	34.19	34.38(1.07%)	N/A	N/A	0	0.8	7	140	17	-23	0.52	48%	-0.06	13.6	3.39%	1.3	0.4	54	2.4
17	Jun_5_2023	36.06	33.89	33.2	32.85	33.08	34.01	34.01(0.21%)	N/A	N/A	0	0.9	7	220	22	-40	0.35	48%	-0.25	12.6	3.39%	0.7	0.1	39	2.3
18	Jun_2_2023	36.15	33.87	33.21	32.52	32.57	33.2	33.94(4.75%)	N/A	N/A	0	1.1	7	140	24	-44	0.54	48%	-0.28	16.4	3.39%	1.6	0.1	54	2.2
19	Jun_1_2023	36.25	33.84	33.29	32.22	32.57	32.16	32.4(1.5%)	DP	OpenShort	-75	0.1	-17	-10	-0	-66	0.33	43%	-0.25	19.2	3.34%	1.5	-1.1	41	2
20	May_31_2023	36.34	33.82	33.53	32.41	32.17	31.94	31.92(-0.11%)	DT	OpenShort	-75	-0.4	-31	-70	-17	-72	0.33	45%	-0.19	27	3.41%	-0.1	-1.4	37	1.2

21	May_30_2023	36.41	33.77	33.73	32.96	32.53	32.18	31.96(-1.37%)	DT	OpenShort	-75	-0.7	-31	-110	-20	-63	0.45	45%	-0.3	35.2	3.41%	-0.6	-1.2	44	1.3
22	May_26_2023	36.52	33.73	34.13	33.6	33.21	32.4	32.4(0%)	DT	HoldShort	-50	-0.7	-24	-210	-20	-34	0.36	46%	-0.25	42.8	3.43%	-0.3	-0.8	50	0.8
23	May_25_2023	36.61	33.66	34.25	33.99	33.9	32.89	32.4(-2.94%)	DT	OpenShort	-75	-0.9	-29	-220	-29	-29	0.42	46%	-0.25	46.1	3.46%	-1.1	-0.7	49	0.2
24	May_24_2023	36.7	33.6	34.55	34.5	34.39	34.02	33.38(-3.67%)	DT	OpenShort	-75	-0.6	-16	-80	-21	-2	0.48	44%	-0.11	53.4	3.47%	-1.6	-0.1	53	-0.2
25	May_23_2023	36.74	33.46	34.82	34.79	34.79	34.91	34.65(-1.46%)	UD	OpenLong	75	-0.1	13	20	5	37	0.83	45%		52.9	3.49%	-0.1	0.6	62	0.9
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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