| BEEM latest price $12.4500 (-1.66%) ($12.4500 - $12.8500) on Wed. May. 24, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.91% (three month average) |
RSI | 83 |
Latest Price | $12.4500(-1.66%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEEM advances 0.8% a day on average for past five trading days. |
Weekly Trend | BEEM advances 13.7% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support BEEM advance at 0% a week (0% probability) BLOK(61%) ARKK(57%) ACES(53%) ARKG(49%) BOTZ(36%) |
Factors Impacting BEEM price | BEEM will decline at least -2.455% in a week (0% probabilities). IGOV(-15%) TIP(-11%) SHY(-9%) LQD(-9%) XLU(-8%) |
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 | -2.455% (StdDev 4.91%) |
Hourly BBV | -0.9 () |
Intraday Trend | 0% |
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