| BYND latest price $74.6800 (-4.33%) ($72.6200 - $77.0000) on Wed. Apr. 15, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 6.26% (three month average) |
RSI | 51 |
Latest Price | $74.6800(-4.33%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BYND advances 2% a day on average for past five trading days. |
Weekly Trend | BYND advances 5.2% 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 BYND advance at 0% a week (0% probability) IBUY(52%) IPO(50%) ONLN(50%) ARKK(46%) SKYY(46%) |
Factors Impacting BYND price | BYND will decline at least -3.13% in a week (0% probabilities). VIXM(-20%) UUP(-15%) VXX(-8%) TBT(-7%) UNG(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -3.13% (StdDev 6.26%) |
Hourly BBV | -0.6 () |
Intraday Trend | 0% |
| |
|
|