| BYND latest price $134.2600 (6.65%) ($127.1500 - $134.4000) on Mon. Aug. 3, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.5% (three month average) |
RSI | 59 |
Latest Price | $134.2600(6.65%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BYND advances 1.2% a day on average for past five trading days. |
Weekly Trend | BYND declines -0.7% a week on average for past two weeks. |
Market Behavior | Growth stock 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(54%) IPO(51%) ONLN(51%) ARKK(47%) IWO(47%) |
Factors Impacting BYND price | BYND will decline at least -2.75% in a week (0% probabilities). VIXM(-21%) UUP(-16%) TBT(-9%) VXX(-8%) DRIV(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -2.75% (StdDev 5.5%) |
Hourly BBV | 2 () |
Intraday Trend | 0% |
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