| BPMC latest price $79.2700 (0.6%) ($77.3600 - $80.9800) on Mon. Jun. 22, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.4% (three month average) |
RSI | 64 |
Latest Price | $79.2700(0.6%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BPMC advances 1.7% a day on average for past five trading days. |
Weekly Trend | BPMC advances 3.5% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock 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 -2.2% in a week (0% probabilities). VIXM(-26%) UUP(-13%) IGOV(-3%) XLC(-2%) UNG(-1%) |
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 | -2.2% (StdDev 4.4%) |
Hourly BBV | 0 () |
Intraday Trend | 0.6% |
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