| BYND latest price $156.9000 (7.11%) ($146.1600 - $158.6000) on Wed. Sep. 16, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.25% (three month average) |
RSI | 72 |
Latest Price | $156.9000(7.11%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BYND advances 2.6% a day on average for past five trading days. |
Weekly Trend | BYND advances 5.2% 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(52%) ONLN(52%) IWO(48%) ARKK(47%) |
Factors Impacting BYND price | BYND will decline at least -1.625% 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 | -1.625% (StdDev 3.25%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0% |
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