| BEEM latest price $14.9900 (20.21%) ($12.5600 - $15.0000) on Fri. Oct. 2, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.51% (three month average) |
RSI | 64 |
Latest Price | $14.9900(20.21%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEEM advances 5.9% a day on average for past five trading days. |
Weekly Trend | BEEM declines -1.6% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Rotation from growth to value for small cap. |
Correlated ETFs | Broad market will support BEEM advance at 0% a week (0% probability) ACES(54%) ARKK(49%) ICLN(47%) TAN(47%) IWO(46%) |
Factors Impacting BEEM price | BEEM will decline at least -3.755% in a week (0% probabilities). VIXM(-24%) UUP(-11%) VXX(-9%) TLT(-4%) DRIV(-2%) |
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 | -3.755% (StdDev 7.51%) |
Hourly BBV | 0 () |
Intraday Trend | 17.7% |
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