| BEEM latest price $43.6500 (16.65%) ($43.6500 - $43.6500) on Wed. Mar. 31, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8% (three month average) |
RSI | 47 |
Latest Price | $43.6500(16.65%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEEM advances 4.1% a day on average for past five trading days. |
Weekly Trend | BEEM declines -8.7% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support BEEM advance at 0% a week (0% probability) ACES(53%) ARKK(53%) TAN(49%) ICLN(46%) ARKG(45%) |
Factors Impacting BEEM price | BEEM will decline at least -4% in a week (0% probabilities). VIXM(-24%) UUP(-10%) VXX(-7%) IGOV(-6%) TLT(-4%) |
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% (StdDev 8%) |
Hourly BBV | 2.2 () |
Intraday Trend | 0% |
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