| BPMC latest price $59.3700 (-1.35%) ($59.0400 - $62.2500) on Fri. May. 8, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.53% (three month average) |
RSI | 29 |
Latest Price | $59.3700(-1.35%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BPMC advances 0.8% a day on average for past five trading days. |
Weekly Trend | BPMC declines -8% 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 BPMC advance at 0% a week (0% probability) XBI(56%) ARKK(54%) IBB(51%) ARKG(49%) IWO(48%) |
Factors Impacting BPMC price | BPMC will decline at least -2.765% in a week (0% probabilities). VIXM(-28%) UUP(-13%) VXX(-1%) UNG(-1%) TLT(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.765% (StdDev 5.53%) |
Hourly BBV | 0 () |
Intraday Trend | -3% |
| |
|
|