| BYND latest price $124.2700 (2.36%) ($124.2700 - $124.4350) on Tue. Aug. 24, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.3% (three month average) |
RSI | 53 |
Latest Price | $124.2700(2.36%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BYND advances 1.1% a day on average for past five trading days. |
Weekly Trend | BYND declines -2.3% a week on average for past two weeks. |
Market Behavior | Value 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(56%) IPO(54%) ONLN(54%) IWO(52%) IWF(50%) |
Factors Impacting BYND price | BYND will decline at least -1.65% in a week (0% probabilities). VIXM(-25%) UUP(-17%) TBT(-9%) VXX(-7%) UNG(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.65% (StdDev 3.3%) |
Hourly BBV | 1.8 () |
Intraday Trend | 0% |
| |
|
|