| BEEM latest price $13.2500 (20.67%) ($12.0000 - $14.2800) on Wed. Aug. 26, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.16% (three month average) |
RSI | 49 |
Latest Price | $13.2500(20.67%) |
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 -4% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Value stock 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 -3.58% in a week (0% probabilities). VIXM(-23%) UUP(-10%) VXX(-8%) TLT(-4%) DRIV(-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 | -3.58% (StdDev 7.16%) |
Hourly BBV | 0 () |
Intraday Trend | 3.9% |
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