| BEEM latest price $69.7500 (-0.82%) ($68.5100 - $72.0000) on Wed. Jan. 13, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 9.1% (three month average) |
RSI | 72 |
Latest Price | $69.7500(-0.82%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEEM advances 2.8% a day on average for past five trading days. |
Weekly Trend | BEEM advances 9.2% a week on average for past two weeks. |
Market Behavior | Growth stock rally 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(56%) ARKK(53%) TAN(51%) ICLN(49%) IWO(48%) |
Factors Impacting BEEM price | BEEM will decline at least -4.55% in a week (0% probabilities). VIXM(-26%) UUP(-12%) VXX(-9%) TLT(-5%) 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 | -4.55% (StdDev 9.1%) |
Hourly BBV | 0 () |
Intraday Trend | -0.8% |
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