| BEEM latest price $29.4400 (5.05%) ($29.4400 - $29.4400) on Wed. Sep. 15, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.55% (three month average) |
RSI | 57 |
Latest Price | $29.4400(5.05%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEEM advances 1.2% a day on average for past five trading days. |
Weekly Trend | BEEM declines -1.1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally 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 -2.275% 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 | -2.275% (StdDev 4.55%) |
Hourly BBV | 1.9 () |
Intraday Trend | 0% |
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