| BYND latest price $131.5900 (-0.74%) ($130.5000 - $135.9800) on Fri. Aug. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.52% (three month average) |
RSI | 55 |
Latest Price | $131.5900(-0.74%) |
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 2.8% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value 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 -2.26% 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 | -2.26% (StdDev 4.52%) |
Hourly BBV | -1.4 () |
Intraday Trend | 0% |
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