| BEEM latest price $12.7300 (2.41%) ($12.7300 - $12.7300) on Fri. Nov. 4, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.93% (three month average) |
RSI | 64 |
Latest Price | $12.7300(2.41%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEEM advances 2% a day on average for past five trading days. |
Weekly Trend | BEEM advances 9.9% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support BEEM advance at 0% a week (0% probability) ARKK(44%) BOTZ(36%) IBUY(19%) ACES(14%) VT(14%) |
Factors Impacting BEEM price | BEEM will decline at least -2.465% in a week (0% probabilities). SLV(-9%) EDOC(-8%) IGOV(-7%) VIXM(-5%) EWP(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.465% (StdDev 4.93%) |
Hourly BBV | 2 () |
Intraday Trend | 0% |
| |
|
|