| BYND latest price $8.8700 (2.72%) ($8.8700 - $8.8700) on Tue. Dec. 5, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.93% (three month average) |
RSI | 70 |
Latest Price | $8.8700(2.72%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BYND advances 6% a day on average for past five trading days. |
Weekly Trend | BYND advances 8.4% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support BYND advance at 0% a week (0% probability) JETS(50%) IYT(38%) XLI(35%) XLV(35%) SPLV(32%) |
Factors Impacting BYND price | BYND will decline at least -2.465% in a week (0% probabilities). EDOC(-59%) QQQ(-41%) GLD(-78%) XLE(-36%) USO(-36%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | |
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Market Trend Strength | -2.465% (StdDev 4.93%) |
Hourly BBV | 0.6 () |
Intraday Trend | 0% |
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