| BEEM latest price $21.6600 (8.95%) ($20.1500 - $21.7158) on Thu. Nov. 19, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 7.24% (three month average) |
RSI | 75 |
Latest Price | $21.6600(8.95%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEEM advances 3% a day on average for past five trading days. |
Weekly Trend | BEEM advances 10.3% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support BEEM advance at 0% a week (0% probability) ACES(55%) ARKK(50%) TAN(50%) ICLN(48%) IWO(46%) |
Factors Impacting BEEM price | BEEM will decline at least -3.62% in a week (0% probabilities). VIXM(-24%) UUP(-10%) VXX(-8%) TLT(-3%) IGOV(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -3.62% (StdDev 7.24%) |
Hourly BBV | 0 () |
Intraday Trend | 5.1% |
| |
|
|