| BEEM latest price $14.4100 (-2.77%) ($13.7201 - $15.2400) on Mon. Jul. 27, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.66% (three month average) |
RSI | 71 |
Latest Price | $14.4100(-2.77%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEEM advances 1.5% a day on average for past five trading days. |
Weekly Trend | BEEM advances 13.3% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support BEEM advance at 0% a week (0% probability) ACES(52%) ARKK(48%) ICLN(47%) TAN(47%) IWO(45%) |
Factors Impacting BEEM price | BEEM will decline at least -3.33% in a week (0% probabilities). VIXM(-23%) UUP(-10%) VXX(-8%) TLT(-3%) XLC(-1%) |
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 | -3.33% (StdDev 6.66%) |
Hourly BBV | 0 () |
Intraday Trend | -3.9% |
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