| BPMC latest price $71.7200 (2.81%) ($71.7200 - $71.7200) on Mon. Aug. 22, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5% (three month average) |
RSI | 70 |
Latest Price | $71.7200(2.81%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BPMC advances 0.5% a day on average for past five trading days. |
Weekly Trend | BPMC advances 2% 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) ARKK(44%) BOTZ(31%) XBI(26%) IVW(24%) PEJ(23%) |
Factors Impacting BPMC price | BPMC will decline at least -2.5% in a week (0% probabilities). SMH(-11%) UUP(-9%) VIXM(-7%) TBT(-6%) SHY(-3%) |
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 | -2.5% (StdDev 5%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0% |
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