BEYOND MEAT INC (BYND)

US08862E1091 - Common Stock

6.77  +0.37 (+5.78%)

Technical Rating and Analysis

0

Overall BYND gets a technical rating of 0 out of 10. BYND scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
90% of all other stocks performed better in the past year than BYND.
BYND is one of the lesser performing stocks in the Food Products industry. 75% of 92 stocks in the same industry do better.
BYND is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so BYND is lagging the market.
BYND has an average volume of 3839480 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month BYND has a been trading in the 5.92 - 8.24 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
BYND Weekly chart
BYND Daily chart
Setup Rating and Analysis

3

The technical rating of BYND is bad and it also does not present a quality setup 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.

Support and Resistance Analysis

6.27

10.66

We found 1 important support area.

  • A support zone ranging from 6.33 to 6.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

5 important resistance areas can be observed.

  • Resistance @6.99 from a trend line in the weekly time frame.
  • Resistance @8.01 from a trend line in the weekly time frame.
  • Resistance @8.92 from a trend line in the daily time frame.
  • Resistance @10.15 from a trend line in the daily time frame.
  • Resistance @10.55 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.28
Mansfield-4.09
10 Day High6.67
10 Day Low5.92
20 Day High8.24
20 Day Low5.92
52 Week High19.25
52 Week Low5.58
Performance
1 Week-0.16%
2 Weeks-3.61%
1 Month-22.71%
3 Month-10.49%
6 Month7.2%
12 Month-52.73%
2 Year-82.65%
3 Year-95.14%
5 YearN/A
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)37.37
LBB5.78
UBB7.28
BYND Daily chart

BEYOND MEAT INC

NASDAQ:BYND (4/29/2024, 11:00:44 AM)

6.77

+0.37 (+5.78%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg5.78%
1 Week-0.16%
2 Weeks-3.61%
1 Month-22.71%
3 Month-10.49%
6 Month7.2%
12 Month-52.73%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.34
ATR(20)%5.25%
ATR Inc
Range Today0.41
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High6.67
10 Day Low5.92
20 Day High8.24
20 Day Low5.92
52 Week High19.25
52 Week Low5.58
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.37M
Volume Incr28.79%
Vol(5)2.05M
Vol(50)3.84M