| BEEM latest price $10.0900 (1%) ($9.5500 - $10.5490) on Tue. Jul. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.8% (three month average) |
RSI | 66 |
Latest Price | $10.0900(1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEEM advances 2.8% a day on average for past five trading days. |
Weekly Trend | BEEM advances 15% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support BEEM advance at 0% a week (0% probability) ACES(53%) ARKK(48%) ICLN(47%) TAN(47%) IWO(45%) |
Factors Impacting BEEM price | BEEM will decline at least -2.9% in a week (0% probabilities). VIXM(-25%) UUP(-11%) VXX(-9%) TLT(-4%) XLC(0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -2.9% (StdDev 5.8%) |
Hourly BBV | 0 () |
Intraday Trend | -0.9% |
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