| BEEM latest price $39.5250 (9.73%) ($39.5250 - $39.5250) on Wed. Jun. 23, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.51% (three month average) |
RSI | 70 |
Latest Price | $39.5250(9.73%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEEM advances 2% a day on average for past five trading days. |
Weekly Trend | BEEM advances 3.2% a week on average for past two weeks. |
Market Behavior | Value stocks 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) ARKK(53%) ACES(51%) TAN(48%) BOTZ(44%) ICLN(44%) |
Factors Impacting BEEM price | BEEM will decline at least -3.255% in a week (0% probabilities). VIXM(-25%) UUP(-10%) VXX(-6%) TLT(-4%) IGOV(-4%) |
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 | -3.255% (StdDev 6.51%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0% |
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