| BYND latest price $96.1600 (-7.65%) ($95.6600 - $108.6700) on Mon. Jun. 3, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 7.16% (three month average) |
RSI | 71 |
Latest Price | $96.1600(-7.65%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BYND advances 3.5% a day on average for past five trading days. |
Weekly Trend | BYND advances 8.4% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support BYND advance at 0% a week (0% probability) IBUY(48%) IPO(47%) ONLN(45%) ARKK(43%) SKYY(42%) |
Factors Impacting BYND price | BYND will decline at least -3.58% in a week (0% probabilities). VXX(-10%) UUP(-9%) TBT(-4%) IGOV(-4%) IFRA(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -3.58% (StdDev 7.16%) |
Hourly BBV | 0 () |
Intraday Trend | -7.7% |
| |
|
|