| BYND latest price $192.6300 (2.67%) ($192.6300 - $192.6300) on Wed. Jan. 27, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.73% (three month average) |
RSI | 85 |
Latest Price | $192.6300(2.67%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BYND advances 7.6% a day on average for past five trading days. |
Weekly Trend | BYND advances 17.6% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support BYND advance at 0% a week (0% probability) IBUY(55%) IPO(52%) ONLN(52%) IWO(49%) ARKK(48%) |
Factors Impacting BYND price | BYND will decline at least -2.365% in a week (0% probabilities). VIXM(-23%) UUP(-16%) TBT(-9%) VXX(-8%) IGOV(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.365% (StdDev 4.73%) |
Hourly BBV | 0.6 () |
Intraday Trend | 0% |
| |
|
|