| BEEM latest price $25.3000 (16.81%) ($21.8000 - $27.4800) on Fri. Nov. 20, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.46% (three month average) |
RSI | 79 |
Latest Price | $25.3000(16.81%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEEM advances 6.2% a day on average for past five trading days. |
Weekly Trend | BEEM advances 12.6% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Growth stock 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 -3.73% in a week (0% probabilities). VIXM(-24%) UUP(-10%) VXX(-8%) TLT(-3%) UNG(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 | -3.73% (StdDev 7.46%) |
Hourly BBV | 0 () |
Intraday Trend | 13.2% |
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