| BEEM latest price $34.6200 (9.9%) ($34.6200 - $34.7900) on Mon. Nov. 1, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.79% (three month average) |
RSI | 66 |
Latest Price | $34.6200(9.9%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEEM advances 3.8% a day on average for past five trading days. |
Weekly Trend | BEEM advances 3.1% a week on average for past two weeks. |
Market Behavior | Value stock 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(49%) TAN(46%) BOTZ(45%) ARKG(43%) |
Factors Impacting BEEM price | BEEM will decline at least -2.395% in a week (0% probabilities). VIXM(-25%) UUP(-10%) VXX(-6%) TLT(-3%) IGOV(-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 | -2.395% (StdDev 4.79%) |
Hourly BBV | 2 () |
Intraday Trend | 0% |
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