| RIDE latest price $10.4500 (0%) ($10.3900 - $10.4800) on Mon. Jul. 20, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.56% (three month average) |
RSI | 78 |
Latest Price | $10.4500(0%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | RIDE advances 0.1% a day on average for past five trading days. |
Weekly Trend | RIDE advances 0.5% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support RIDE advance at 0% a week (0% probability) ACES(20%) IPO(19%) IWC(19%) PEJ(19%) IWO(17%) |
Factors Impacting RIDE price | RIDE will decline at least -0.28% in a week (0% probabilities). VIXM(-9%) VXX(-8%) SHY(-4%) UUP(-2%) TBT(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.28% (StdDev 0.56%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
| |
|
|