| BPMC latest price $53.4700 (-8.35%) ($53.2700 - $60.4800) on Fri. Mar. 20, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.74% (three month average) |
RSI | 48 |
Latest Price | $53.4700(-8.35%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BPMC advances 1.3% a day on average for past five trading days. |
Weekly Trend | BPMC declines -3.1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support BPMC advance at 0% a week (0% probability) XBI(58%) ARKK(55%) IBB(55%) ARKG(52%) IWO(51%) |
Factors Impacting BPMC price | BPMC will decline at least -2.37% in a week (0% probabilities). VIXM(-31%) UUP(-8%) TLT(-7%) VXX(-4%) SHY(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.37% (StdDev 4.74%) |
Hourly BBV | 0 () |
Intraday Trend | -11.3% |
| |
|
|