BEAM.X's Stochastic Oscillator is remaining in oversold zone for 3 days
The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an uptrend is expected.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for BEAM.X just turned positive on September 12, 2023. Looking at past instances where BEAM.X's MACD turned positive, the stock continued to rise in of 50 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where BEAM.X advanced for three days, in of 347 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The 10-day RSI Indicator for BEAM.X moved out of overbought territory on September 20, 2023. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 42 similar instances where the indicator moved out of overbought territory. In of the 42 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Momentum Indicator moved below the 0 level on September 26, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on BEAM.X as a result. In of 131 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
BEAM.X moved below its 50-day moving average on September 21, 2023 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where BEAM.X declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
BEAM.X broke above its upper Bollinger Band on September 19, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Aroon Indicator for BEAM.X entered a downward trend on September 18, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Fundamental Analysis (Ratings)
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| CRUZ | 18.89 | 0.31 | +1.67% |
| Defiance Hotel, Airline, and Cruise ETF | |||
| FAB | 69.72 | 0.63 | +0.91% |
| First Trust Multi Cap Val AlphaDEX® ETF | |||
| KOKU | 76.96 | 0.57 | +0.75% |
| Xtrackers MSCI Kokusai Equity ETF | |||
| DIVD | 29.39 | 0.20 | +0.68% |
| Altrius Global Dividend ETF | |||
| SJNK | 24.48 | 0.10 | +0.41% |
| SPDR® Blmbg ST HY Bd ETF | |||
BEAM.X and
Correlation & Price change
A.I.dvisor indicates that over the last year, BEAM.X has been loosely correlated with DREP.X. These tickers have moved in lockstep 35% of the time. This A.I.-generated data suggests there is some statistical probability that if BEAM.X jumps, then DREP.X could also see price increases.
| Ticker / NAME | Correlation To BEAM.X | 1D Price Change % | ||
|---|---|---|---|---|
| BEAM.X | 100% | +7.05% | ||
| DREP.X - BEAM.X | 35% Loosely correlated | +2.83% | ||
| MIR.X - BEAM.X | 35% Loosely correlated | -1.12% | ||
| AION.X - BEAM.X | 27% Poorly correlated | +5.53% | ||
| AUTO.X - BEAM.X | 24% Poorly correlated | +0.80% | ||
| BTT.X - BEAM.X | 22% Poorly correlated | +1.13% | ||
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