| BEEM latest price $8.3100 (-3.65%) ($8.3000 - $8.3100) on Wed. Sep. 13, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.08% (three month average) |
RSI | 48 |
Latest Price | $8.3100(-3.65%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEEM advances 0.3% a day on average for past five trading days. |
Weekly Trend | BEEM declines -1% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support BEEM advance at 0% a week (0% probability) XRT(77%) IVE(94%) OIH(65%) IWD(62%) EMHY(66%) |
Factors Impacting BEEM price | BEEM will decline at least -2.04% in a week (0% probabilities). VIXM(-78%) VXX(-67%) SLV(-19%) IGOV(-19%) TBT(-10%) |
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 | -2.04% (StdDev 4.08%) |
Hourly BBV | 0.4 () |
Intraday Trend | 0% |
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