| RIDE latest price $12.5800 (2.69%) ($12.3000 - $12.9500) on Mon. Aug. 10, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.19% (three month average) |
RSI | 75 |
Latest Price | $12.5800(2.69%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | RIDE advances 0.3% a day on average for past five trading days. |
Weekly Trend | RIDE advances 10.2% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support RIDE advance at 0% a week (0% probability) ACES(21%) IWC(20%) PEJ(20%) IPO(19%) ICLN(17%) |
Factors Impacting RIDE price | RIDE will decline at least -1.595% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.595% (StdDev 3.19%) |
Hourly BBV | 0 () |
Intraday Trend | 1.9% |
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