| BEEM latest price $8.7900 (1.74%) ($8.7900 - $8.7900) on Thu. Aug. 31, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.03% (three month average) |
RSI | 43 |
Latest Price | $8.7900(1.74%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEEM advances 2.5% a day on average for past five trading days. |
Weekly Trend | BEEM declines -2.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support BEEM advance at 0% a week (0% probability) IVW(94%) SPY(91%) DIA(89%) IPO(77%) QQQ(77%) |
Factors Impacting BEEM price | BEEM will decline at least -2.015% in a week (0% probabilities). TBT(-20%) UUP(-6%) SLV(4%) IGOV(7%) SHY(8%) |
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 | 1.5 () |
Intraday Trend | 0% |
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