| BPMC latest price $59.7150 (1.19%) ($59.7150 - $59.7150) on Thu. Jul. 27, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.15% (three month average) |
RSI | 47 |
Latest Price | $59.7150(1.19%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BPMC advances 0.5% a day on average for past five trading days. |
Weekly Trend | BPMC declines -0.3% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support BPMC advance at 0% a week (0% probability) INDA(47%) XBI(47%) ARKG(46%) SMH(44%) GLD(43%) |
Factors Impacting BPMC price | BPMC will decline at least -1.575% in a week (0% probabilities). VXX(-39%) VIXM(-37%) TBT(-30%) UUP(-7%) SHY(-3%) |
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 | -1.575% (StdDev 3.15%) |
Hourly BBV | 0.9 () |
Intraday Trend | 0% |
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