There wasn't too much excitement in Beyond Meat today which only managed to move up 0.89% on the day. It looks like BYND may be interacting with a downward sloping resistance line. This may be an opportunity to short sell. The Consumer Packaged Goods company has been chopping around the last few months without a clear directional momentum. So it might bounce off here, but hard to say.
If the price breaks through the resistance level it will probably move up to the $19.55 level where it may meet further resistance. We aren't seeing very clear support levels down beneath this point, so it might have room to gap down lower if price is rejected from here.
Overall, the analysts have a more negative view on Beyond Meat but it's not a very strong negative. The current Analysts Sentiment Score is -47.87. Most companies range between (-200 to 200).
Here's a break down of the latest rating changes. Credit Suisse Group reiterated a rating of Underperform on 2023-02-27 and provided a price target of $10.00. Mizuho gave a boost to their price target and moved to $20.00 from $11.00 on 2023-02-24. Sanford C. Bernstein boosted their price targ by 80% to $18.00 on 2023-02-24. Argus downgraded from Hold to Sell on 2022-12-09. Barclays downgraded from Equal Weight to Underweight on 2022-11-28 and they lowered their price target by -23.08% to $10.00 from a previous target of $13.00. BMO Capital Markets provided a price target decease of -30% to $14.00 from $20.00 on 2022-11-10. On 2022-10-17 Citigroup increased their price target by 7.14% to $15.00. Cowen dropped their 1 year price target to 15.00 on 2022-10-13. On 2022-10-12 Canaccord Genuity Group lowered their price target by -31.82% to $15.00. Piper Sandler announced a lowering of their price target to $8.00 from $9.00 on 2022-09-21.
Company | Ratings Score
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Composite analyst sentiment score
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Positive Ratings | Negative Ratings | Boost Price Target | Lower Price Target |
---|---|---|---|---|---|
BYND | -47.87 | 0.95 | -134.06 | 156.3 | -118.92 |
Company | YOY Growth Score (typical -20 to +20) | Revision Directions (-6 to +6) |
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BYND | -0.38 | -1.96 |
We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.
Company | Short Score (typical 1-15)
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We take into account several different measures and attributes of short interest to create a composite sentiment score. typical range (0 - 30)
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Short Interest | Days to Cover | Rate of Change | Shares Short |
---|---|---|---|---|---|
BYND | 22.18 | %39.6 | 8.4 | -8.976 | 22700000 |
Segment | Count | 1 Day% | 5 Day | 1 Month | 3 Month | 6 Month | 1 Year | RSI | 3mo S-momo ? | 6mo S-momo | 1yr S-momo | Resistance ? | Support | Demark Sell ? | Demark Buy | Short Interest | Analysts Ratings ? |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Consumer Packaged Goods | 78 | 0.25 | 1.36 | -4.26 | 0.98 | 7.01 | -12.67 | 61.40 | -9.13 | -8.87 | -9.34 | -19891.94 | -7274.30 | 19.87 | 9.62 | 4.78 | 13.98 |
Consumer Defensive | 146 | 0.18 | 1.77 | -4.56 | -0.43 | 7.65 | -7.92 | 60.64 | -8.01 | -5.59 | -5.63 | -15246.70 | -6435.65 | 16.44 | 10.79 | 4.54 | 17.28 |
Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.
Ticker | Social Sentiment(1-10) |
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BYND | 1.00 |
Company | Score | 1 Day% | 5 Day | 1 Month | 3 Month | 6 Month | 1 Year | RSI | 3mo S-momo ? | 6mo S-momo | 1yr S-momo | Resistance ? | Support | Demark Sell ? | Demark Buy | Short Interest Score |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
JMIA | Jumia Technologies AG | 1.52 | -0.32 | 0.66 | -10.76 | -9.97 | -47.25 | -68.55 | 40 | -50.39 | -65.30 | -105.90 | -46540.83 | 0.00 | 0 | 0 | 4.05454 |
LMND | Lemonade, Inc. | 1.44 | 4.34 | 5.87 | -12.00 | -4.46 | -34.68 | -51.07 | 42 | -50.38 | -70.88 | -46.88 | -27490.81 | 0.00 | 0 | 0 | 19.4971 |
TDOC | Teladoc Health, Inc. | 1.13 | -2.40 | -2.51 | -9.11 | 4.67 | -6.86 | -66.57 | 50 | -7.47 | -25.78 | -30.26 | -29259.12 | -1617.81 | 0 | 0 | 11.8487 |
UPWK | Upwork Inc. Common Stock | 1.1 | 0.19 | -5.67 | -11.38 | -5.00 | -21.71 | -54.56 | 57 | -14.71 | -41.59 | -60.69 | -23484.84 | -2170.39 | 0 | 0 | 3.0766 |
DKNG | DraftKings Inc. Class A C | 1.09 | -0.32 | 6.49 | -0.84 | 61.23 | 23.16 | -7.50 | 56 | 26.20 | 19.04 | 38.36 | -2367.31 | -8378.71 | 0 | 0 | 4.39054 |
FSLY | Fastly, Inc. | 1.07 | 2.17 | 5.83 | 13.40 | 101.48 | 88.92 | -5.01 | 72 | 88.85 | 32.70 | 39.98 | -6525.84 | -12023.46 | 0 | 0 | 6.19893 |
CDLX | Cardlytics, Inc. Common S | 1.04 | 4.92 | 11.80 | -40.66 | -42.49 | -68.14 | -94.74 | 30 | -84.01 | -88.61 | -69.55 | -114402.58 | 0.00 | 0 | 0 | 8.41537 |
SSYS | Stratasys Inc (ISRAEL) | 1.02 | 1.06 | 12.87 | 13.81 | 22.68 | 13.58 | -38.12 | 50 | 1.12 | 1.31 | -8.10 | -16989.74 | -1411.03 | 0 | 0 | 1.04777 |
How to use: use the research links to research the asset. Then simply type in a score for each category between (01, 02, 03, 04, 05). 05 being the most bullish and 01 being the most bearish. It will automatically calculate the average and combine it with the technical score to create an overall score to rank prospects by. You can also type notes into each field.