Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Beam Global (NASDAQ:BEEM)

Bear Market Rally (-75) - BEEM is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on BEEM as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid BEEM?

MarketClub looks at technical strength and momentum to determine if the timing is right for BEEM.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_BEEM
Open High Low BEEM Price Change
6.3000 6.4650 6.2124 6.2700 -0.0900
Entry Signal

MarketClub’s Trade Triangles for BEEM

long term down The long-term trend has been DOWN since Apr 10th, 2024 at 5.5400

intermediate term down The intermediate-term trend has been DOWN since Mar 5th, 2024 at 6.6108

short term down The short-term trend has been DOWN since May 3rd, 2024 at 6.2800

Smart Scan Analysis for BEEM

Based on our trend formula, BEEM is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for BEEM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.3000 6.4650 6.2124 6.2700 -0.0900
Prev. Close Volume Bid Ask Time
6.3000 39506 2024-05-08 15:59:42
52wk High13.6652wk High Date2023-05-23
52wk Low552wk Low Date2023-12-08
Average Volume103,598Shares Outstanding14,231
Assets77,643,000MLiabilities28,101,000M
Get a free daily analysis and signals for Beam Global (BEEM) - Request Your Free Report.