| RIDE latest price $10.0200 (0.3%) ($9.9000 - $10.0500) on Tue. May. 12, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.21% (three month average) |
RSI | 59 |
Latest Price | $10.0200(0.3%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | RIDE advances 0.2% a day on average for past five trading days. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support RIDE advance at 0% a week (0% probability) TIP(7%) VIXM(6%) VXX(6%) BNDX(5%) BWX(5%) |
Factors Impacting RIDE price | RIDE will decline at least -0.605% in a week (0% probabilities). XLB(-15%) XLI(-13%) XAR(-13%) PAVE(-13%) XLU(-12%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -0.605% (StdDev 1.21%) |
Hourly BBV | 0 () |
Intraday Trend | -0.1% |
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