| BEEM latest price $8.6400 (0.88%) ($8.6400 - $8.6450) on Wed. Aug. 30, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.03% (three month average) |
RSI | 37 |
Latest Price | $8.6400(0.88%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEEM advances 0.1% a day on average for past five trading days. |
Weekly Trend | BEEM declines -5.1% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support BEEM advance at 0% a week (0% probability) IVW(94%) BLOK(93%) SPY(90%) DIA(85%) QQQ(77%) |
Factors Impacting BEEM price | BEEM will decline at least -2.015% in a week (0% probabilities). TBT(-16%) VIXM(-78%) VXX(-70%) UUP(-6%) IGOV(4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | |
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Market Trend Strength | -2.015% (StdDev 4.03%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0% |
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