BEAM
Beam Therapeutics Inc
$26.33
Tue, Nov 3, 2026 close (weekly items: Fri, Oct 30)
ARKK holding · entry card
| Buy zone (breakout retest) | — | — | no confirmed breakout, so no retest zone |
| Profit-Taking Zone | $27.42–28.08 | +4.1% to +6.6% | wk high 2024-10-18, 40-wk SMA, 200-day SMA |
| Trading stop · daily close | below $25.53 | -3.0% | trading downgrade |
| Trend stop · Friday close | below $24.33 | -7.6% | trend downgrade one state |
| Breakout Buy Level | close above $27.10 | +2.9% | top of R1 (wk high 09-25, wk high 10-09) |
APPENDIX · BEAM · TECHNICAL TRADING SCORECARD
Scores · Trend 35.7
| RS vs S&P (20) + sector (10) | 15.4 + 1.0 = 16.4 / 30 |
| Structure (6 checks) | 5 / 30 |
| Score = (RS + structure) × 100/60 | 35.7 / 100 |
| Raw state (Up ≥ 60 · Down < 45) | Down |
| Confirmation (2 consecutive Fridays) | confirmed Down |
| Trend (confirmed) | Down |
✖ Fri close above 40-wk SMA 0/6 · ✖ 40-wk SMA rising (4 wks) 0/4 · ✖ No lower high vs cycle high 0/5 · ✖ Fri close above 20-wk SMA 0/5 · ✔ Fri close above 200-wk (4-yr) SMA 5/5 · ✖ 4-mo SMA > 13-mo SMA (completed months, to Sep) 0/5
Weekly raw states: 09-25 Down → 10-02 Down → 10-09 Down → 10-16 Down → 10-23 Down → 10-30 Down. Coppock, band position, breadth and modifiers no longer enter the Trend score (Coppock chart below is reference only). |
Scores · Trading 67.0
| RS (S&P 20 + sector 10) | 18.0 + 5.7 / 30 |
| Structure | 10 / 25 |
| Coppock (daily) — positive & rising | 25.0 / 25 |
| Band position | 8.3 / 20 |
| Raw | 67.0 (Early Up) |
| Modifiers (10-yr > 5% rising −3, seasonal −2) | +0 |
| Final | 67.0 Early Up |
| ✔ Close above 50-day SMA 5/5 · ✖ 50-day SMA rising (10 d) 0/3 · ✖ Close above 100-day SMA 0/4 · ✖ Close above 200-day SMA 0/5 · ✖ 200-day SMA rising (20 d) 0/3 · ✔ No daily lower high (last two swing highs) 5/5 |
Relative state (weekly RS vs 16-wk SMA + 2-wk slope; daily RS vs 15-d SMA + 3-d slope; Neutral ±0.25%; phase price = next Fri / next close, benchmark flat)
| Horizon · benchmark | State | RS vs SMA | RS chg | Phase-transition price (BEAM close needed) |
|---|
| Trend · S&P | 2 Early Up (+) ↑ | +4.91% | +17.24% | Est. Up ≥ 33.46 (+27.1%) · Early Up ≥ 25.89 · Est. Down < 25.76 |
| Trend · XLV | 5 Established Down (+) → | -4.60% | +10.90% | Early Up ≥ 28.42 · Est. Down < 28.27 |
| Trading · S&P | 1 Established Up (−) ↑ | +5.34% | -6.88% | Est. Up ≥ 25.20 (-4.3%) · Est. Down < 18.95 |
| Trading · XLV | 2 Early Up (−) ↑ | +1.61% | -8.69% | Est. Up ≥ 26.29 (-0.2%) · Early Up ≥ 26.05 · Est. Down < 25.91 |
Full bands (cluster rule: 2 or more tools within 3%; Δ vs 26.33)
| Band | Range | Distance | Tools in the cluster |
|---|
| R3 | 28.30–28.75 | +7.5% to +9.2% | wk low 06-05 28.30 · wk high ’25-01-10 28.39 · wk high 08-07 28.47 · wk high ’25-10-10 28.75 |
| R2 | 27.42–28.08 | +4.1% to +6.6% | wk high 2024-10-18 27.42 · 40-wk SMA 27.85 · 200-day SMA 28.08 |
| R1 | 26.50–27.10 | +0.6% to +2.9% | wk high 09-25 26.50 · wk high 10-09 26.94 · wk low 04-24 27.10 |
| S1 | 25.53–25.87 | -1.7% to -3.0% | wk low 05-22 25.87 · wk high ’25-09-19 25.69 · wk low ’25-12-19 25.53 |
| S2 | 24.33–25.08 | -4.7% to -7.6% | wk low 2024-12-06 25.08 · wk low 2024-12-20 24.96 · wk low 07-31 24.67 · wk low 03-06 24.60 · wk low ’25-02-07 24.33 |
| S3 | 23.63–24.30 | -7.7% to -10.3% | wk low 02-06 24.30 · wk low ’25-01-03 24.18 · wk low ’25-03-07 23.63 |
| ATH | 138.52 | +426.1% | all-time high; Profit-Taking fallback when no 2-tool band sits above the Breakout (extensions no longer used) |
Coppock, breadth and RS (reference only; not in the Trend score)
Stops & phase transitions
- Tier 1 (trading stop): daily close < 25.53 (-3.0%): trading downgrades one state, re-anchor to S2 24.33–25.08.
- Tier 2 (trend stop = Trend Breakdown / invalidation): Friday close < 24.33 (-7.6%): trend downgrades one state, re-anchor to S3 23.63–24.30.
- Trend vs S&P: Est. Up ≥ 33.46 (+27.1%) · above its 16-wk avg ≥ 25.89 · Est. Down < 25.76 (-2.2%) (next Friday, benchmark flat).
- Trading vs S&P: Est. Up ≥ 25.20 · Est. Down < 18.95.
Sluymer context
- Not named in the 15 reports reviewed (Aug 18 – Oct 13, 2026).
Notes & caveats
ARK Innovation ETF (ARKK) holding, entry card (treated like the US Watchlist). Holdings: issuer file as of 2026-11-03 (https://assets.ark-funds.com/fund-documents/funds-etf-csv/ARK_INNOVATION_ETF_ARKK_HOLDINGS.csv (official ARK daily holdings CSV, date column 11/03/2026)); ETF weight 2.67%. Benchmarks: S&P 500 (20 pts) and XLV (10 pts). Trading items and bands use the Tue, Nov 3, 2026 close; trend uses the Fri, Oct 30 week. Entry levels: Buy Zone = breakout retest zone (BUY names only: from the broken level down to the floor of the resistance band it came from, or level −2%, whichever is tighter; a weekly close below = failed breakout); Breakout Buy Level = top of R1; Trend Breakdown (invalidation) = S2 floor on a Friday close; Profit-Taking = next resistance band above the breakout. Verdict: AVOID = Trend Down (confirmed on two Fridays) or Friday close below a falling 40-wk SMA; BUY = a weekly close above a Breakout Buy Level fixed from the prior week's data with ≥2 tools within 3% (most recent such breakout in the last 4 weeks), every Friday close since and the latest close still at or above it, and Trend not Down; WAIT = otherwise. Buy Zone is reference only. Coppock = 10-bar WMA of ROC(14)+ROC(11), standard settings used as a placeholder because his are unpublished; DAS is omitted. Zone = sign + 3-yr percentile; direction = 2 bars. SMAs are simple; swings are 5-bar extremes; the channel is a 2-yr log regression ±2σ. The breadth proxy is the % of 500 current S&P 500 members with a rising weekly Coppock; it has survivorship bias, is a regime input only, and no other stock was scored. Weights are our choices (playbook §10); the state rule matched 86% / 83% of his sector states in-sample. Data: Yahoo Finance (unadjusted); weight from the Portfolio Dashboard (PIM 11/2 EOD, read-only).
