| BEEM latest price $11.8300 (-3.51%) ($11.8300 - $11.8300) on Wed. Nov. 2, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.93% (three month average) |
RSI | 56 |
Latest Price | $11.8300(-3.51%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEEM advances 0.7% a day on average for past five trading days. |
Weekly Trend | BEEM advances 6.1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support BEEM advance at 0% a week (0% probability) ARKK(45%) BOTZ(37%) IBUY(20%) XRT(18%) ACES(16%) |
Factors Impacting BEEM price | BEEM will decline at least -2.465% in a week (0% probabilities). SLV(-8%) VIXM(-6%) UUP(-5%) TBT(-4%) 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 | -2.465% (StdDev 4.93%) |
Hourly BBV | -0.4 () |
Intraday Trend | 0% |
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