| BYND latest price $127.9100 (2.08%) ($123.2700 - $129.6400) on Thu. Aug. 20, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.32% (three month average) |
RSI | 54 |
Latest Price | $127.9100(2.08%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BYND advances 0.1% a day on average for past five trading days. |
Weekly Trend | BYND declines -2.9% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Normal 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 -2.16% in a week (0% probabilities). VIXM(-21%) UUP(-16%) TBT(-9%) VXX(-8%) EDOC(-6%) |
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 | -2.16% (StdDev 4.32%) |
Hourly BBV | 1.7 () |
Intraday Trend | 0% |
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