| BEEM latest price $14.8200 (-3.2%) ($14.2500 - $15.9800) on Fri. Jul. 24, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.64% (three month average) |
RSI | 73 |
Latest Price | $14.8200(-3.2%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEEM advances 3.6% a day on average for past five trading days. |
Weekly Trend | BEEM advances 13% 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) ACES(53%) ARKK(49%) ICLN(47%) TAN(47%) IWO(45%) |
Factors Impacting BEEM price | BEEM will decline at least -3.32% in a week (0% probabilities). VIXM(-23%) UUP(-11%) VXX(-8%) TLT(-3%) XLC(-1%) |
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 | -3.32% (StdDev 6.64%) |
Hourly BBV | 0 () |
Intraday Trend | -0.3% |
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