| BEEM latest price $52.6900 (5.11%) ($48.3000 - $52.7500) on Wed. Dec. 23, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.73% (three month average) |
RSI | 87 |
Latest Price | $52.6900(5.11%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEEM advances 6.1% a day on average for past five trading days. |
Weekly Trend | BEEM advances 22.5% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support BEEM advance at 0% a week (0% probability) ACES(55%) ARKK(52%) TAN(51%) ICLN(49%) IWO(47%) |
Factors Impacting BEEM price | BEEM will decline at least -4.365% in a week (0% probabilities). VIXM(-25%) UUP(-11%) VXX(-8%) TLT(-4%) EDOC(-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 | -4.365% (StdDev 8.73%) |
Hourly BBV | 0 () |
Intraday Trend | 4.6% |
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