| BEEM latest price $29.4700 (-2.13%) ($28.6900 - $30.6900) on Fri. Sep. 3, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5% (three month average) |
RSI | 52 |
Latest Price | $29.4700(-2.13%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEEM advances 0.5% a day on average for past five trading days. |
Weekly Trend | BEEM advances 4.7% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support BEEM advance at 0% a week (0% probability) ARKK(53%) ACES(50%) TAN(47%) BOTZ(45%) ICLN(44%) |
Factors Impacting BEEM price | BEEM will decline at least -2.5% in a week (0% probabilities). VIXM(-26%) UUP(-10%) IGOV(-9%) VXX(-6%) TLT(-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 | -2.5% (StdDev 5%) |
Hourly BBV | -1.1 () |
Intraday Trend | 0% |
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