| BPMC latest price $123.6900 (2.14%) ($120.4100 - $123.6900) on Tue. Dec. 22, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.15% (three month average) |
RSI | 75 |
Latest Price | $123.6900(2.14%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BPMC advances 0.9% a day on average for past five trading days. |
Weekly Trend | BPMC advances 7.2% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support BPMC advance at 0% a week (0% probability) XBI(55%) ARKK(54%) IBB(50%) ARKG(49%) IWO(48%) |
Factors Impacting BPMC price | BPMC will decline at least -1.075% in a week (0% probabilities). VIXM(-28%) UUP(-13%) UNG(-2%) TBT(-1%) SHY(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.075% (StdDev 2.15%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0% |
| |
|
|