| BYND latest price $135.2300 (-0.49%) ($131.8000 - $136.6800) on Tue. Sep. 1, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.06% (three month average) |
RSI | 69 |
Latest Price | $135.2300(-0.49%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BYND advances 1.7% a day on average for past five trading days. |
Weekly Trend | BYND advances 2.9% 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 -2.03% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.03% (StdDev 4.06%) |
Hourly BBV | 0.3 () |
Intraday Trend | 0% |
| |
|
|