| BEEM latest price $35.1900 (39.09%) ($29.5000 - $37.5000) on Mon. Nov. 23, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.77% (three month average) |
RSI | 84 |
Latest Price | $35.1900(39.09%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEEM advances 11.9% a day on average for past five trading days. |
Weekly Trend | BEEM advances 18.6% a week on average for past two weeks. |
Market Behavior | Value stock 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 -4.385% 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 | -4.385% (StdDev 8.77%) |
Hourly BBV | 0 () |
Intraday Trend | 17.3% |
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