| BYND latest price $16.9200 (-1.51%) ($16.9200 - $16.9200) on Tue. Aug. 1, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.61% (three month average) |
RSI | 46 |
Latest Price | $16.9200(-1.51%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BYND advances 1.8% a day on average for past five trading days. |
Weekly Trend | BYND declines -2.1% 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(49%) SDY(48%) DIA(47%) XRT(47%) IWD(46%) |
Factors Impacting BYND price | BYND will decline at least -2.805% in a week (0% probabilities). VIXM(-27%) VXX(-26%) TBT(-17%) UNG(-9%) UUP(-6%) |
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 | -2.805% (StdDev 5.61%) |
Hourly BBV | 0.8 () |
Intraday Trend | 0% |
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