REPORTING FOR 2019-10-17 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how BYND has been trading over the last 2 weeks and the past day especially. On its latest session, Beyond Meat, Inc. ($BYND) opened at 122.0, reaching a high of 126.49 and a low of 121.7767 before closing at a price of 123.92. There was a total volume of 1961899.
VOLUME INDICATORS FOR BEYOND MEAT, INC. ($BYND): We saw an accumulation-distribution index of 1066.20196, an on-balance volume of -122.05, chaikin money flow of 1.09947 and a force index of 6.81939. There was an ease of movement rating of -0.00546, a volume-price trend of -23.28516 and a negative volume index of 1000.0.
VOLATILITY INDICATORS FOR BEYOND MEAT, INC. ($BYND): We noted an average true range of 7.01397, bolinger bands of 122.91645, an upper bollinger band of 119.39025, lower bollinger band of 121.7767, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 123.42223, high band keltner channel of 118.93223, low band keltner channel of 127.91223, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 121.7767, a donchian channel low band of 121.7767, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.
TREND INDICATORS FOR BEYOND MEAT, INC. ($BYND): We calculated a Moving Average Convergence Divergence (MACD) of -0.02797, a MACD signal of -0.01554, a MACD difference of -0.01243, a fast Exponential Moving Average (EMA) indicator of 121.7767, a slow Exponential Moving Average (EMA) indicator of 121.7767, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.28754, a trix of -18.42022, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of 27.83302, a KST Oscillator (KST) of -186.03752 and a KST Oscillator (KST Signal) of -186.03752 (leaving a KST difference of -2.08325). We also found an Ichimoku rating of 124.245, an Ichimoku B rating of 124.245, a Ichimoku visual trend A of 161.57552, an Ichimoku visual trend B of 162.46625, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of -4.0.
MOMENTUM INDICATORS FOR BEYOND MEAT, INC. ($BYND): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 34.60633, a True Strength Index (TSI) of -100.0, an ultimate oscillator of -20.38649, a stochastic oscillator of 104.97327, a stochastic oscillator signal of 104.97327, a Williams %R rating of 4.97327 and an awesome oscillator of 1.69003.
RETURNS FOR BEYOND MEAT, INC. ($BYND): There was a daily return of -18.60375, a daily log return of -1.02904 and a cumulative return of -1.02376.
What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-10-17 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Beyond Meat, Inc. ($BYND)…
DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Beyond Meat, Inc. ($BYND) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.