| BEEM latest price $16.3600 (-0.79%) ($16.0000 - $17.1800) on Thu. Oct. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.27% (three month average) |
RSI | 64 |
Latest Price | $16.3600(-0.79%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEEM advances 5.1% a day on average for past five trading days. |
Weekly Trend | BEEM advances 18.3% 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 -3.635% in a week (0% probabilities). VIXM(-24%) UUP(-10%) VXX(-8%) 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 | -3.635% (StdDev 7.27%) |
Hourly BBV | 0 () |
Intraday Trend | -2.2% |
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