| BEEM latest price $16.4900 (7.29%) ($16.0200 - $17.2800) on Wed. Oct. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.68% (three month average) |
RSI | 65 |
Latest Price | $16.4900(7.29%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEEM advances 5.9% a day on average for past five trading days. |
Weekly Trend | BEEM advances 13.8% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support BEEM advance at 0% a week (0% probability) ACES(53%) ARKK(49%) TAN(48%) ICLN(47%) IWO(45%) |
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(-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 | -3.84% (StdDev 7.68%) |
Hourly BBV | 0 () |
Intraday Trend | -3% |
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