| BEEM latest price $12.9300 (0.78%) ($12.0000 - $13.3100) on Fri. Sep. 18, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 7.68% (three month average) |
RSI | 51 |
Latest Price | $12.9300(0.78%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEEM advances 1.9% a day on average for past five trading days. |
Weekly Trend | BEEM declines -0.9% a week on average for past two weeks. |
Market Behavior | Broad based sell-off 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(54%) ARKK(49%) ICLN(48%) TAN(48%) IWO(46%) |
Factors Impacting BEEM price | BEEM will decline at least -3.84% in a week (0% probabilities). VIXM(-24%) UUP(-10%) VXX(-8%) TLT(-4%) IGOV(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -3.84% (StdDev 7.68%) |
Hourly BBV | 0 () |
Intraday Trend | 0.7% |
| |
|
|