BEAM GLOBAL (BEEM)

US07373B1098 - Common Stock

6.54  +0.11 (+1.71%)

After market: 6.54 0 (0%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to BEEM. 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.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, BEEM is a bad performer in the overall market: 79% of all stocks are doing better.
BEEM is currently trading in the lower part of its 52 week range. The S&P500 Index however 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 5.14 - 6.91 range, which is quite wide. It is currently trading near the high of this range.
BEEM is an average performer in the Electrical Equipment industry, it outperforms 61% of 87 stocks in the same industry.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
BEEM Weekly chart
BEEM Daily chart
Setup Rating and Analysis

7

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 resistance zone just above the current price starting at 6.55. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 6.54, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

5.27

7.05

We found 3 important support areas.

  • A support zone ranging from 6.49 to 6.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @5.58 from a horizontal line in the weekly time frame.
  • Support @5.32 from a trend line in the daily time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 6.55 to 6.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @6.98 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.83
Mansfield-2.58
10 Day High6.82
10 Day Low5.14
20 Day High6.91
20 Day Low5.14
52 Week High13.66
52 Week Low5
Performance
1 Week6.51%
2 Weeks16.99%
1 Month-3.82%
3 Month3.65%
6 Month18.69%
12 Month-26.68%
2 Year-57.64%
3 Year-81%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.1
RSI(14)53.31
LBB5.23
UBB6.83
BEEM Daily chart

BEAM GLOBAL

NASDAQ:BEEM (4/26/2024, 7:00:00 PM)

After market: 6.54 0 (0%)

6.54

+0.11 (+1.71%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg1.71%
1 Week6.51%
2 Weeks16.99%
1 Month-3.82%
3 Month3.65%
6 Month18.69%
12 Month-26.68%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.51
ATR(20)%7.13%
ATR Inc
Range Today0.25
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High6.82
10 Day Low5.14
20 Day High6.91
20 Day Low5.14
52 Week High13.66
52 Week Low5
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume66.40K
Volume Incr-19.03%
Vol(5)91.28K
Vol(50)99.56K