| BEEM latest price $11.3400 (-0.83%) ($11.3400 - $11.3400) on Tue. Aug. 1, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.46% (three month average) |
RSI | 60 |
Latest Price | $11.3400(-0.83%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEEM advances 0.8% a day on average for past five trading days. |
Weekly Trend | BEEM declines -2.2% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support BEEM advance at 0% a week (0% probability) IVW(79%) SPY(76%) DIA(73%) BLOK(68%) IBUY(68%) |
Factors Impacting BEEM price | BEEM will decline at least -2.23% in a week (0% probabilities). VXX(-64%) VIXM(-64%) TBT(-26%) UUP(-11%) SHY(7%) |
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 | -2.23% (StdDev 4.46%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0% |
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