| BPMC latest price $79.0200 (1.31%) ($77.2500 - $80.6400) on Wed. Jul. 1, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.97% (three month average) |
RSI | 74 |
Latest Price | $79.0200(1.31%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BPMC advances 0.7% a day on average for past five trading days. |
Weekly Trend | BPMC advances 3.4% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support BPMC advance at 0% a week (0% probability) XBI(56%) ARKK(54%) IBB(51%) ARKG(48%) IWO(48%) |
Factors Impacting BPMC price | BPMC will decline at least -1.985% in a week (0% probabilities). VIXM(-26%) UUP(-13%) IGOV(-3%) XLC(-2%) UNG(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.985% (StdDev 3.97%) |
Hourly BBV | 0 () |
Intraday Trend | 1.5% |
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