| BYND latest price $99.9500 (12.95%) ($89.2950 - $101.5600) on Thu. Apr. 23, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 6.04% (three month average) |
RSI | 93 |
Latest Price | $99.9500(12.95%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BYND advances 6.2% a day on average for past five trading days. |
Weekly Trend | BYND advances 15.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support BYND advance at 0% a week (0% probability) IBUY(52%) IPO(50%) ONLN(49%) ARKK(45%) SKYY(45%) |
Factors Impacting BYND price | BYND will decline at least -3.02% in a week (0% probabilities). VIXM(-20%) UUP(-15%) VXX(-8%) TBT(-7%) IGOV(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -3.02% (StdDev 6.04%) |
Hourly BBV | 2.2 () |
Intraday Trend | 0% |
| |
|
|