1.72 USD
+0.07 (+4.24%)
1.74 USD
+0.02 (+1.16%)
Overall BEEM gets a technical rating of 2 out of 10. BEEM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- When comparing the yearly performance of all stocks, BEEM is a bad performer in the overall market: 94% of all stocks are doing better.
- BEEM is one of the lesser performing stocks in the Electrical Equipment industry. 73% of 91 stocks in the same industry do better.
- BEEM is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month BEEM has a been trading in the 1.47 - 2.31 range, which is quite wide. It is currently trading near the lows of this range.
- BEEM has an average volume of 1594760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- Volume is considerably higher in the last couple of days.
The technical rating of BEEM is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
1.49
2.73
2 important support areas can be observed.
- Support @1.62 from a horizontal line in the weekly time frame.
- A support zone ranging from 1.50 to 1.51. This zone is formed by a combination of multiple trend lines in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 1.88 to 1.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.70 from a trend line in the weekly time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for BEEM is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BEEM is neutral. |
| ChartMill Relative Strength | 6.69 | NEGATIVE | BEEM has a low relative strength, it was outperformed by 93.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BEEM is above the rising 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) | 48.74 | NEUTRAL | The RSI value for BEEM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests BEEM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 33.33 | NEUTRAL | The Stochastics value for BEEM is a neutral value. |
| Average True Range in percent/ATR (20) | 8.17 | HIGH VOLATILITY | The high ATR as a percentage value for BEEM suggests high volalility. |
| Average Directional Index/ADX (14) | 25.25 | POSITIVE | The high ADX value value for BEEM suggests a strong trend. |
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)
1.72
+0.07 (+4.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg4.24%
1 Week4.24%
2 Weeks6.17%
1 Month8.86%
3 Month-42.47%
6 Month-32.81%
12 Month-43.23%
2 Year-74.82%
3 Year-90.12%
5 Year-96.97%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%8.17%
ATR Inc87.78%
Range Today0.22
ADR(20)0.13
ADR(20)%7.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.69
3 months CRS5.99
6 months CRS10.01
Mansfield-2.66
10 Day High2.31
10 Day Low1.58
20 Day High2.31
20 Day Low1.47
52 Week High4.04
52 Week Low1.33
CS1 End1.62
CR1 Start1.88
Volume & EV
DER(3)0.83%
DER(5)-2.56%
Volume1.49M
Volume Incr6123.35%
Vol(5)12.78M
Vol(50)1.59M
BEAM GLOBAL / BEEM FAQ
Can you provide the ChartMill technical rating for BEAM GLOBAL?
ChartMill assigns a technical rating of 2 / 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 48.7433. 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 neutral.