| BPMC latest price $71.0100 (4.7%) ($71.0100 - $71.1000) on Wed. Aug. 10, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.72% (three month average) |
RSI | 72 |
Latest Price | $71.0100(4.7%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BPMC advances 3.5% a day on average for past five trading days. |
Weekly Trend | BPMC advances 16.3% 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 BPMC advance at 0% a week (0% probability) ARKK(45%) BOTZ(32%) XBI(32%) ARKG(25%) IBB(25%) |
Factors Impacting BPMC price | BPMC will decline at least -2.36% in a week (0% probabilities). SMH(-9%) UUP(-8%) VIXM(-7%) SHY(-5%) TBT(-4%) |
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 | -2.36% (StdDev 4.72%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0% |
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