| BEEM latest price $37.3900 (14.13%) ($32.6800 - $37.4899) on Tue. Dec. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.91% (three month average) |
RSI | 73 |
Latest Price | $37.3900(14.13%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEEM advances 4.8% a day on average for past five trading days. |
Weekly Trend | BEEM advances 10.6% 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(51%) TAN(51%) ICLN(50%) IWO(46%) |
Factors Impacting BEEM price | BEEM will decline at least -4.455% in a week (0% probabilities). VIXM(-25%) UUP(-10%) VXX(-8%) TLT(-4%) SHY(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 | -4.455% (StdDev 8.91%) |
Hourly BBV | 0 () |
Intraday Trend | 9.5% |
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