| BEEM latest price $36.0300 (14.49%) ($36.0300 - $36.0300) on Mon. Jun. 7, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 7.17% (three month average) |
RSI | 89 |
Latest Price | $36.0300(14.49%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEEM advances 4.4% a day on average for past five trading days. |
Weekly Trend | BEEM advances 14.4% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support BEEM advance at 0% a week (0% probability) ARKK(52%) ACES(51%) TAN(47%) BOTZ(44%) ARKG(43%) |
Factors Impacting BEEM price | BEEM will decline at least -3.585% in a week (0% probabilities). VIXM(-25%) UUP(-10%) VXX(-6%) TLT(-4%) IGOV(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -3.585% (StdDev 7.17%) |
Hourly BBV | 1.8 () |
Intraday Trend | 0% |
| |
|
|