BEYOND MEAT INC (BYND) Stock Technical Analysis
NASDAQ:BYND - Nasdaq - US08862E1091 - Common Stock - Currency: USD
Overall BYND gets a technical rating of 0 out of 10. BYND's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, BYND is a bad performer in the overall market: 92% of all stocks are doing better.
BYND is part of the Food Products industry. There are 91 other stocks in this industry, of which 82% are performing better than BYND.
BYND is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month BYND has a been trading in the 3.59 - 4.74 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
BYND has an average volume of 3759620 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
BYND has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
3.74
6.95
2 important support areas can be observed.
- A support zone ranging from 3.90 to 3.90. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 3.78 to 3.79. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 5 important areas.
- Resistance @4.09 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 4.25 to 4.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.41 from a horizontal line in the daily time frame.
- Resistance @5.33 from a trend line in the weekly time frame.
- Resistance @6.88 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.45
Mansfield-3.95
10 Day High4.74
10 Day Low3.59
20 Day High4.74
20 Day Low3.59
52 Week High12.12
52 Week Low3.3
Performance
1 Week4.15%
2 Weeks2.29%
1 Month-0.99%
3 Month-17.79%
6 Month-40.36%
12 Month-48.53%
2 Year-77.47%
3 Year-91.41%
5 Year-95.52%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.03
RSI(14)50.32
LBB3.61
UBB4.33
4.02
-0.06 (-1.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg-1.47%
1 Week4.15%
2 Weeks2.29%
1 Month-0.99%
3 Month-17.79%
6 Month-40.36%
12 Month-48.53%
2 Year-77.47%
3 Year-91.41%
5 Year-95.52%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%5.86%
ATR Inc55.65%
Range Today0.32
ADR(20)0.23
ADR(20)%5.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.45
Mansfield-3.95
10 Day High4.74
10 Day Low3.59
20 Day High4.74
20 Day Low3.59
52 Week High12.12
52 Week Low3.3
CS1 End3.9
CR1 Start4.09
Volume & EV
DER(3)1.08%
DER(5)3.8%
Volume4.34M
Volume Incr100.86%
Vol(5)5.86M
Vol(50)3.76M