| BEEM latest price $68.1400 (3.26%) ($57.9800 - $68.1400) on Tue. Dec. 29, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 9.02% (three month average) |
RSI | 85 |
Latest Price | $68.1400(3.26%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEEM advances 6.5% a day on average for past five trading days. |
Weekly Trend | BEEM advances 31.3% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support BEEM advance at 0% a week (0% probability) ACES(55%) ARKK(52%) TAN(50%) ICLN(49%) IWO(47%) |
Factors Impacting BEEM price | BEEM will decline at least -4.51% in a week (0% probabilities). VIXM(-26%) UUP(-11%) VXX(-8%) TLT(-4%) SHY(1%) |
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 | -4.51% (StdDev 9.02%) |
Hourly BBV | 0 () |
Intraday Trend | 1.6% |
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