| BYND latest price $17.5000 (13.49%) ($17.5000 - $17.5000) on Wed. Jul. 12, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.4% (three month average) |
RSI | 81 |
Latest Price | $17.5000(13.49%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BYND advances 5% a day on average for past five trading days. |
Weekly Trend | BYND advances 11.3% a week on average for past two weeks. |
Market Behavior | Broad based 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(53%) EEM(46%) IDRV(46%) IWC(45%) IWM(45%) |
Factors Impacting BYND price | BYND will decline at least -2.7% in a week (0% probabilities). VXX(-28%) VIXM(-28%) TBT(-18%) UUP(-13%) UNG(-13%) |
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 | -2.7% (StdDev 5.4%) |
Hourly BBV | 3.3 () |
Intraday Trend | 0% |
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