| BYND latest price $15.9400 (-5.68%) ($15.9400 - $15.9400) on Tue. Jan. 24, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.82% (three month average) |
RSI | 72 |
Latest Price | $15.9400(-5.68%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BYND advances 0.3% a day on average for past five trading days. |
Weekly Trend | BYND advances 6.9% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support BYND advance at 0% a week (0% probability) ARKK(46%) ARKG(42%) ACES(41%) BLOK(36%) BOTZ(33%) |
Factors Impacting BYND price | BYND will decline at least -2.91% in a week (0% probabilities). VIXM(-15%) GLD(-8%) USO(-3%) VXX(-2%) XLE(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.91% (StdDev 5.82%) |
Hourly BBV | 0.1 () |
Intraday Trend | 0% |
| |
|
|