BEAM GLOBAL (BEEM) Stock Technical Analysis
NASDAQ:BEEM - US07373B1098 - Common Stock
2.74 USD
-0.11 (-3.86%)
Taking everything into account, BEEM scores 8 out of 10 in our technical rating. Although BEEM is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that BEEM is one of the better performing stocks in the market, outperforming 74% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
BEEM is part of the Electrical Equipment industry. There are 92 other stocks in this industry, BEEM did better than 51% of them.
BEEM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BEEM is lagging the market.
In the last month BEEM has a been trading in the 2.10 - 3.07 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although BEEM has an excellent technical rating, it does not offer a high 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
1.40
2.96
3 important support areas can be observed.
- A support zone ranging from 2.50 to 2.50. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @1.49 from a trend line in the daily time frame.
- Support @1.41 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @2.93 from a trend line in the daily 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 | UP | POSITIVE | The long term trend for BEEM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BEEM is up. |
| ChartMill Relative Strength | 74.32 | POSITIVE | BEEM has a high relative strength, it outperformed 74.32% 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) | UP | POSITIVE | The current price of BEEM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BEEM is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.76 | 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) | 71.37 | NEUTRAL | The Stochastics value for BEEM is a neutral value. |
| Average True Range in percent/ATR (20) | 8.02 | HIGH VOLATILITY | The high ATR as a percentage value for BEEM suggests high volalility. |
| Average Directional Index/ADX (14) | 22.56 | NEUTRAL | The ADX value for BEEM suggests a possible start of a new 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)
NASDAQ:BEEM (8/29/2025, 8:07:59 PM)
2.74
-0.11 (-3.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-3.86%
1 Week8.73%
2 Weeks18.1%
1 Month18.1%
3 Month70.19%
6 Month15.13%
12 Month-41.58%
2 Year-68.51%
3 Year-81.32%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%8.02%
ATR Inc-9.28%
Range Today0.24
ADR(20)0.21
ADR(20)%7.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.32
Mansfield-1.26
10 Day High3.07
10 Day Low2.3
20 Day High3.07
20 Day Low2.1
52 Week High5.57
52 Week Low1.33
CS1 End2.5
CR1 Start2.93
Volume & EV
DER(3)-14.58%
DER(5)-6.54%
Volume206.70K
Volume Incr33.95%
Vol(5)267.88K
Vol(50)847.20K