| BYND latest price $137.3700 (2.37%) ($134.0800 - $139.6500) on Thu. Nov. 19, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.95% (three month average) |
RSI | 48 |
Latest Price | $137.3700(2.37%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BYND advances 1.3% a day on average for past five trading days. |
Weekly Trend | BYND declines -6% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support BYND advance at 0% a week (0% probability) IBUY(55%) IPO(52%) ONLN(52%) IWO(48%) ARKK(47%) |
Factors Impacting BYND price | BYND will decline at least -1.975% in a week (0% probabilities). VIXM(-22%) UUP(-15%) TBT(-9%) EDOC(-9%) VXX(-8%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.975% (StdDev 3.95%) |
Hourly BBV | 0.8 () |
Intraday Trend | 0% |
| |
|
|