BYND Stock Beyond Meat (BYND, $7.2) entered Downtrend as Momentum indicator drops below 0 level on May 16, 2024

A.I.dvisor
at Tickeron.com
05/17/24
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BYND - Beyond Meat
Momentum signal
Bearish Trend
Odds of DOWN Trend
Momentum signal
Price: $7.2
Daily change: -$0.48 (-6.25%)
Daily volume: 3.1M
Industry: Food: Specialty/Candy
This indicator may be signaling that BYND's price has further to drop, since it fell below its price logged 14 days ago. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 91 similar cases where BYND's Momentum Indicator fell below the 0 level, and of them led to a successful outcome. Odds of Success:
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BYNDDaily Signal changed days agoGain/Loss if shorted
 
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General Information

a company, which offers plant-based meat products

Industry FoodSpecialtyCandy

Profile
Fundamentals
Details
Industry
Food Meat Or Fish Or Dairy
Address
119 Standard Street
Phone
+1 866 756-4112
Employees
787
Web
https://www.beyondmeat.com