BEAM GLOBAL (BEEM) Technical Analysis
NASDAQ:BEEM • US07373B1098
Current stock price
1.44 USD
0 (0%)
At close:
1.4666 USD
+0.03 (+1.85%)
After Hours:
BEEM Technical Rating and Analysis
Overall BEEM gets a technical rating of 0 out of 10. BEEM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, BEEM is a bad performer in the overall market: 84% of all stocks are doing better.
- BEEM is part of the Electrical Equipment industry. There are 92 other stocks in this industry, of which 70% are performing better than BEEM.
- BEEM is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so BEEM is lagging the market.
- In the last month BEEM has a been trading in the 1.37 - 1.67 range, which is quite wide. It is currently trading near the lows of this range.
- BEEM has an average volume of 1650480 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
BEEM Weekly and Daily overview Charts
BEEM Setup Rating and Analysis
BEEM has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 1.41, a Stop Loss order could be placed below this zone.
More info and screens
BEEM Support and Resistance Analysis
1.39
2.23
We found 1 important support area.
- A support zone ranging from 1.40 to 1.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 1.46 to 1.47. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 1.51 to 1.52. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 1.63 to 1.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.21 from a trend line in the weekly time frame.
BEEM Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for BEEM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BEEM is down. |
| ChartMill Relative Strength | 16.03 | NEGATIVE | BEEM has a low relative strength, it was outperformed by 83.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BEEM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BEEM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BEEM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.31 | NEUTRAL | The RSI value for BEEM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests BEEM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.62 | NEUTRAL | The Stochastics value for BEEM is a neutral value. |
| Average True Range in percent/ATR (20) | 6.15 | HIGH VOLATILITY | The high ATR as a percentage value for BEEM suggests high volalility. |
| Average Directional Index/ADX (14) | 9.24 | NEGATIVE | The low ADX value for BEEM suggests a weak or negative trend. |
BEEM Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
BEEM Technicals: Chart, Performance Metrics, Trend & Indicators
1.44
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg0%
1 Week-3.36%
2 Weeks-8.86%
1 Month-5.26%
3 Month-12.73%
6 Month-43.97%
12 Month-28.36%
2 Year-78.82%
3 Year-90.95%
5 Year-96.68%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%6.15%
ATR Inc-39.39%
Range Today0.05
ADR(20)0.08
ADR(20)%5.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.03
3 months CRS25.5
6 months CRS11.31
Mansfield-2.74
10 Day High1.6
10 Day Low1.37
20 Day High1.67
20 Day Low1.37
52 Week High4.04
52 Week Low1.33
CS1 End1.41
CR1 Start1.46
Volume & EV
DER(3)-6.06%
DER(5)-3.33%
Volume76.90K
Volume Incr-53.72%
Vol(5)158.30K
Vol(50)1.65M
BEAM GLOBAL / BEEM TA FAQ
Can you provide the ChartMill technical rating for BEAM GLOBAL?
ChartMill assigns a technical rating of 0 / 10 to BEEM.
What is the trend direction for BEEM stock?
The current trend direction for BEAM GLOBAL (BEEM) is Bearish.
What is the RSI signal for BEEM stock?
BEAM GLOBAL (BEEM) has an RSI value of 43.3101. This indicates that the stock is currently neutral.
What is the short term momentum for BEAM GLOBAL (BEEM) stock?
The short term momentum for BEAM GLOBAL (BEEM) is negative.
What is the buy/sell signal for BEEM stock?
The buy/sell signal for BEAM GLOBAL (BEEM) is sell as both the short term and long term trends are negative.