| BEEM latest price $8.0050 (-5.38%) ($7.9600 - $8.0050) on Fri. Sep. 15, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.08% (three month average) |
RSI | 47 |
Latest Price | $8.0050(-5.38%) |
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 -1.6% 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) JNK(92%) IBUY(87%) HYG(85%) IWN(83%) IWM(81%) |
Factors Impacting BEEM price | BEEM will decline at least -2.04% in a week (0% probabilities). VIXM(-79%) VXX(-70%) SLV(-19%) TBT(-14%) USO(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | |
| |
Market Trend Strength | -2.04% (StdDev 4.08%) |
Hourly BBV | -1.9 () |
Intraday Trend | 0% |
| |
|
|