| BYND latest price $11.0400 (1.99%) ($11.0400 - $11.0400) on Tue. Jun. 6, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.75% (three month average) |
RSI | 62 |
Latest Price | $11.0400(1.99%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BYND advances 1.3% a day on average for past five trading days. |
Weekly Trend | BYND declines -1% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support BYND advance at 0% a week (0% probability) ACES(42%) ARKK(40%) ARKG(36%) BOTZ(36%) BLOK(30%) |
Factors Impacting BYND price | BYND will decline at least -1.875% in a week (0% probabilities). USO(-15%) UNG(-13%) XOP(-12%) VIXM(-12%) XLE(-11%) |
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 | -1.875% (StdDev 3.75%) |
Hourly BBV | 1.6 () |
Intraday Trend | 0% |
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