| BYND latest price $104.1200 (5.61%) ($97.2600 - $104.5500) on Fri. May. 31, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 6.99% (three month average) |
RSI | 77 |
Latest Price | $104.1200(5.61%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BYND advances 5% a day on average for past five trading days. |
Weekly Trend | BYND advances 8.9% 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 BYND advance at 0% a week (0% probability) IBUY(48%) IPO(47%) ONLN(45%) ARKK(42%) SKYY(41%) |
Factors Impacting BYND price | BYND will decline at least -3.495% in a week (0% probabilities). VXX(-10%) UUP(-9%) VIXM(-8%) TBT(-4%) IGOV(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -3.495% (StdDev 6.99%) |
Hourly BBV | 0 () |
Intraday Trend | 4.1% |
| |
|
|