Is Beam Global (BEEM) Stock About to Get Hot Friday?

The market has been down on Beam Global (BEEM) stock recently. BEEM gets a Bearish score from InvestorsObserver Stock Sentiment Indicator.

Beam Global has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on BEEM!

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What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With BEEM Stock Today?

Beam Global (BEEM) stock is higher by 1.35% while the S&P 500 is down -0.42% as of 2:29 PM on Friday, Sep 30. BEEM is higher by $0.16 from the previous closing price of $12.20 on volume of 33,053 shares. Over the past year the S&P 500 is lower by -16.84% while BEEM is down -55.05%. BEEM lost -$0.94 per share in the over the last 12 months.

More About Beam Global

Beam Global produces sustainable technology for electric vehicle (EV) charging, outdoor media, and energy security, without the construction, disruption, and costs of grid-tied solutions. Its products are founded upon its patented EV ARC and Solar Treelines and include BeamTrak patented solar tracking, and ARC Technology energy storage, along with EV charging, outdoor media, and disaster preparedness packages. From start to finish, the company develops, patents, designs, engineers, and manufactures renewably energized products that help the environment, empower communities and keep people moving. Click Here to get the full Stock Report for Beam Global stock.