| BEEM latest price $11.4700 (-5.98%) ($11.4700 - $11.4700) on Wed. Oct. 26, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.23% (three month average) |
RSI | 44 |
Latest Price | $11.4700(-5.98%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEEM advances 2% a day on average for past five trading days. |
Weekly Trend | BEEM declines -4.3% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support BEEM advance at 0% a week (0% probability) ARKK(44%) BOTZ(37%) IBUY(20%) XRT(18%) ACES(17%) |
Factors Impacting BEEM price | BEEM will decline at least -2.615% in a week (0% probabilities). SLV(-8%) VIXM(-7%) UUP(-5%) TBT(-5%) GDX(-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 | -2.615% (StdDev 5.23%) |
Hourly BBV | 0.2 () |
Intraday Trend | 0% |
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