| BEEM latest price $35.1200 (2.18%) ($35.1200 - $35.1200) on Thu. Nov. 4, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.76% (three month average) |
RSI | 70 |
Latest Price | $35.1200(2.18%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEEM advances 1.8% a day on average for past five trading days. |
Weekly Trend | BEEM advances 9.1% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Rotation from value to growth 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 -2.38% 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 | -2.38% (StdDev 4.76%) |
Hourly BBV | 0.6 () |
Intraday Trend | 0% |
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