| BEEM latest price $32.0400 (-8.95%) ($30.1700 - $35.8400) on Tue. Nov. 24, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.82% (three month average) |
RSI | 78 |
Latest Price | $32.0400(-8.95%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEEM advances 8.6% a day on average for past five trading days. |
Weekly Trend | BEEM advances 23.1% 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 -4.41% 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 | -4.41% (StdDev 8.82%) |
Hourly BBV | 0 () |
Intraday Trend | -10% |
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