| BYND latest price $132.5900 (-6.72%) ($130.0000 - $138.3900) on Wed. Aug. 5, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.57% (three month average) |
RSI | 55 |
Latest Price | $132.5900(-6.72%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BYND advances 0.9% a day on average for past five trading days. |
Weekly Trend | BYND advances 1.2% 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(54%) IPO(51%) ONLN(51%) ARKK(47%) IWO(47%) |
Factors Impacting BYND price | BYND will decline at least -2.785% 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 | -2.785% (StdDev 5.57%) |
Hourly BBV | -0.7 () |
Intraday Trend | 0% |
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