| BYND latest price $11.1150 (2.49%) ($11.1150 - $11.1150) on Tue. May. 23, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.07% (three month average) |
RSI | 40 |
Latest Price | $11.1150(2.49%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BYND advances 2% a day on average for past five trading days. |
Weekly Trend | BYND declines -7% 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) ACES(41%) ARKK(41%) ARKG(37%) BOTZ(32%) BLOK(31%) |
Factors Impacting BYND price | BYND will decline at least -2.035% in a week (0% probabilities). VIXM(-13%) VXX(-11%) USO(-10%) UNG(-8%) XOP(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.035% (StdDev 4.07%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0% |
| |
|
|