Taking everything into account, BYND scores 1 out of 10 in our technical rating. 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.
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
0.99
We found 2 important support areas.
- A support zone ranging from 1.08 to 1.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.00 from a trend line in the daily time frame.
We can see 3 important resistance areas.
- Resistance @1.88 from a trend line in the weekly time frame.
- Resistance @1.96 from a trend line in the weekly time frame.
- Resistance @2.56 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for BYND is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BYND is down. |
| ChartMill Relative Strength | 2.12 | NEGATIVE | BYND has a low relative strength, it was outperformed by 97.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BYND is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BYND is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BYND is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.23 | NEUTRAL | The RSI value for BYND is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests BYND has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 53.07 | NEUTRAL | The Stochastics value for BYND is a neutral value. |
| Average True Range in percent/ATR (20) | 14.31 | HIGH VOLATILITY | The high ATR as a percentage value for BYND suggests high volalility. |
| Average Directional Index/ADX (14) | 31.18 | POSITIVE | The high ADX value value for BYND suggests a strong trend. |
1.09
-0.09 (-7.63%)
BEYOND MEAT INC / BYND FAQ
Can you provide the ChartMill technical rating for BEYOND MEAT INC?
ChartMill assigns a technical rating of 1 / 10 to BYND.
Can you provide the trend direction for BEYOND MEAT INC?
The current trend direction for BEYOND MEAT INC (BYND) is Bearish.
What is the RSI signal for BEYOND MEAT INC (BYND) stock?
BEYOND MEAT INC (BYND) has an RSI value of 44.2273. This indicates that the stock is currently neutral.
What is the buy/sell signal for BEYOND MEAT INC (BYND) stock?
The buy/sell signal for BEYOND MEAT INC (BYND) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for BEYOND MEAT INC?
BEYOND MEAT INC (BYND) has a support level at 1.09 and a resistance level at 1.88. Check the full technical report for our detailed analysis of BYND support and resistance levels.