| BYND latest price $168.0100 (-2.88%) ($165.5000 - $168.0100) on Wed. Feb. 17, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.19% (three month average) |
RSI | 24 |
Latest Price | $168.0100(-2.88%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BYND advances 0.2% a day on average for past five trading days. |
Weekly Trend | BYND declines -1.7% a week on average for past two weeks. |
Market Behavior | Value stock rally 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(56%) IPO(54%) ONLN(53%) IWO(51%) ARKK(49%) |
Factors Impacting BYND price | BYND will decline at least -2.095% in a week (0% probabilities). VIXM(-25%) UUP(-16%) TBT(-9%) VXX(-8%) IGOV(0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.095% (StdDev 4.19%) |
Hourly BBV | -1.5 () |
Intraday Trend | 0% |
| |
|
|