| BYND latest price $19.3900 (-2.07%) ($19.2500 - $19.3900) on Fri. Feb. 3, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 6.26% (three month average) |
RSI | 63 |
Latest Price | $19.3900(-2.07%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BYND advances 1% a day on average for past five trading days. |
Weekly Trend | BYND advances 8.3% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support BYND advance at 0% a week (0% probability) ARKK(45%) ARKG(41%) ACES(40%) BLOK(34%) BOTZ(32%) |
Factors Impacting BYND price | BYND will decline at least -3.13% in a week (0% probabilities). VIXM(-13%) GLD(-8%) IGOV(-6%) USO(-4%) XLE(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -3.13% (StdDev 6.26%) |
Hourly BBV | 0.3 () |
Intraday Trend | 0% |
| |
|
|