| BYND latest price $133.4900 (-2.15%) ($132.7700 - $137.8900) on Fri. Jun. 5, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 6.7% (three month average) |
RSI | 51 |
Latest Price | $133.4900(-2.15%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BYND advances 0.8% a day on average for past five trading days. |
Weekly Trend | BYND advances 0.2% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support BYND advance at 0% a week (0% probability) IBUY(53%) IPO(51%) ONLN(50%) ARKK(47%) SKYY(47%) |
Factors Impacting BYND price | BYND will decline at least -3.35% in a week (0% probabilities). VIXM(-21%) UUP(-16%) TBT(-9%) VXX(-8%) DRIV(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -3.35% (StdDev 6.7%) |
Hourly BBV | -1.2 () |
Intraday Trend | 0% |
| |
|
|