| BPMC latest price $74.4500 (-0.24%) ($74.0000 - $76.1600) on Fri. Aug. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.89% (three month average) |
RSI | 38 |
Latest Price | $74.4500(-0.24%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BPMC advances 0.3% a day on average for past five trading days. |
Weekly Trend | BPMC declines -1.4% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value 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 -1.445% in a week (0% probabilities). VIXM(-25%) UUP(-13%) XLC(-4%) DRIV(-3%) IGOV(-2%) |
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 | -1.445% (StdDev 2.89%) |
Hourly BBV | 0 () |
Intraday Trend | 0.2% |
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