| BEEM latest price $17.2750 (-2.4%) ($17.2750 - $17.2750) on Wed. Nov. 23, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.18% (three month average) |
RSI | 77 |
Latest Price | $17.2750(-2.4%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEEM advances 0.8% a day on average for past five trading days. |
Weekly Trend | BEEM advances 17% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support BEEM advance at 0% a week (0% probability) ARKK(40%) BOTZ(30%) TAN(12%) VCSH(10%) URA(9%) |
Factors Impacting BEEM price | BEEM will decline at least -2.59% in a week (0% probabilities). SLV(-12%) IGOV(-12%) HYG(-11%) EWP(-11%) EWI(-11%) |
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 | -2.59% (StdDev 5.18%) |
Hourly BBV | 0.7 () |
Intraday Trend | 0% |
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