| BEEM latest price $12.2100 (21.01%) ($10.2500 - $12.3000) on Wed. Jul. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.27% (three month average) |
RSI | 77 |
Latest Price | $12.2100(21.01%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEEM advances 4.7% a day on average for past five trading days. |
Weekly Trend | BEEM advances 16.7% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support BEEM advance at 0% a week (0% probability) ACES(53%) ARKK(48%) ICLN(47%) TAN(47%) IWO(45%) |
Factors Impacting BEEM price | BEEM will decline at least -3.135% in a week (0% probabilities). VIXM(-25%) UUP(-11%) VXX(-9%) TLT(-4%) XLC(0%) |
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 | -3.135% (StdDev 6.27%) |
Hourly BBV | 0 () |
Intraday Trend | 17.4% |
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