| BEEM latest price $32.5700 (7.72%) ($32.5700 - $32.9100) on Wed. Jul. 21, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.71% (three month average) |
RSI | 34 |
Latest Price | $32.5700(7.72%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEEM advances 1.8% a day on average for past five trading days. |
Weekly Trend | BEEM declines -7.2% 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) ARKK(53%) ACES(51%) TAN(48%) BOTZ(45%) ICLN(44%) |
Factors Impacting BEEM price | BEEM will decline at least -2.855% in a week (0% probabilities). VIXM(-26%) 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 | -2.855% (StdDev 5.71%) |
Hourly BBV | 1.7 () |
Intraday Trend | 0% |
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