| BEEM latest price $28.8800 (15.52%) ($28.8800 - $28.8800) on Wed. May. 26, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.52% (three month average) |
RSI | 50 |
Latest Price | $28.8800(15.52%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEEM advances 3.9% a day on average for past five trading days. |
Weekly Trend | BEEM declines -1.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support BEEM advance at 0% a week (0% probability) ARKK(52%) ACES(51%) TAN(47%) BOTZ(44%) ICLN(44%) |
Factors Impacting BEEM price | BEEM will decline at least -3.76% in a week (0% probabilities). VIXM(-25%) UUP(-10%) VXX(-6%) TLT(-4%) IGOV(-3%) |
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 | -3.76% (StdDev 7.52%) |
Hourly BBV | 1.7 () |
Intraday Trend | 0% |
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