Stock Trend Analysis Report
Prepared for you on Thursday, November 30, 2023.
Beyond Meat, Inc. - Common stock (NASDAQ:BYND)
Sidelines Mode (-55) - BYND is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid BYND?
MarketClub looks at technical strength and momentum to determine if the timing is right for BYND.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BYND
The long-term trend has been DOWN since Sep 21st, 2023 at 9.920
The intermediate-term trend has been DOWN since Aug 7th, 2023 at 14.840
The short-term trend has been UP since Nov 24th, 2023 at 6.775
Smart Scan Analysis for BYND
Based on our trend formula, BYND is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||22.87||52wk High Date||2023-02-24|
|52wk Low||5.58||52wk Low Date||2023-10-26|
|Average Volume||2,495,289||Shares Outstanding||64,541|