| BEEM latest price $17.6300 (11.79%) ($17.6300 - $17.6300) on Fri. Aug. 12, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.45% (three month average) |
RSI | 69 |
Latest Price | $17.6300(11.79%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEEM advances 2.7% a day on average for past five trading days. |
Weekly Trend | BEEM advances 8.1% 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(48%) BOTZ(40%) IBUY(27%) XRT(26%) ACES(25%) |
Factors Impacting BEEM price | BEEM will decline at least -3.225% in a week (0% probabilities). VIXM(-13%) UUP(-12%) TBT(-10%) EDOC(-4%) VXX(-0%) |
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 | -3.225% (StdDev 6.45%) |
Hourly BBV | 1.8 () |
Intraday Trend | 0% |
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