| BYND latest price $25.3200 (-4.78%) ($25.3200 - $25.3200) on Wed. Jun. 1, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.65% (three month average) |
RSI | 52 |
Latest Price | $25.3200(-4.78%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BYND advances 1.9% a day on average for past five trading days. |
Weekly Trend | BYND declines -1.1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support BYND advance at 0% a week (0% probability) IBUY(50%) IWF(47%) IWO(47%) IVW(46%) SPY(46%) |
Factors Impacting BYND price | BYND will decline at least -3.325% in a week (0% probabilities). VIXM(-18%) UUP(-17%) TBT(-12%) VXX(-5%) UNG(4%) |
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 | -3.325% (StdDev 6.65%) |
Hourly BBV | -1.2 () |
Intraday Trend | 0% |
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