| BEEM latest price $22.0200 (16.69%) ($19.1800 - $22.7099) on Mon. Nov. 16, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.14% (three month average) |
RSI | 78 |
Latest Price | $22.0200(16.69%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEEM advances 4.2% a day on average for past five trading days. |
Weekly Trend | BEEM advances 10.5% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support BEEM advance at 0% a week (0% probability) ACES(55%) ARKK(50%) TAN(50%) ICLN(48%) IWO(46%) |
Factors Impacting BEEM price | BEEM will decline at least -3.57% in a week (0% probabilities). VIXM(-24%) UUP(-10%) VXX(-8%) TLT(-3%) EDOC(-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 | -3.57% (StdDev 7.14%) |
Hourly BBV | 0 () |
Intraday Trend | 13.9% |
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