| BEEM latest price $15.6700 (-0.57%) ($15.3200 - $15.8100) on Tue. Oct. 13, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.07% (three month average) |
RSI | 76 |
Latest Price | $15.6700(-0.57%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEEM advances 0.4% a day on average for past five trading days. |
Weekly Trend | BEEM advances 18% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support BEEM advance at 0% a week (0% probability) ACES(54%) ARKK(50%) ICLN(48%) TAN(48%) IWO(46%) |
Factors Impacting BEEM price | BEEM will decline at least -3.535% in a week (0% probabilities). VIXM(-25%) UUP(-11%) VXX(-9%) TLT(-3%) IGOV(-2%) |
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 | -3.535% (StdDev 7.07%) |
Hourly BBV | 0 () |
Intraday Trend | 0.7% |
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