| BPMC latest price $80.1000 (0.16%) ($79.5500 - $82.3300) on Wed. Jul. 15, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.69% (three month average) |
RSI | 60 |
Latest Price | $80.1000(0.16%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BPMC advances 0.4% a day on average for past five trading days. |
Weekly Trend | BPMC advances 1.1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support BPMC advance at 0% a week (0% probability) XBI(56%) ARKK(53%) IBB(50%) ARKG(48%) IWO(48%) |
Factors Impacting BPMC price | BPMC will decline at least -1.845% in a week (0% probabilities). VIXM(-26%) UUP(-13%) XLC(-3%) IGOV(-3%) DRIV(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.845% (StdDev 3.69%) |
Hourly BBV | 0 () |
Intraday Trend | -1.7% |
| |
|
|