| RIDE latest price $12.9700 (0.31%) ($12.5650 - $13.1000) on Fri. Aug. 14, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.19% (three month average) |
RSI | 78 |
Latest Price | $12.9700(0.31%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | RIDE advances 1.1% a day on average for past five trading days. |
Weekly Trend | RIDE advances 9.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support RIDE advance at 0% a week (0% probability) ACES(20%) PEJ(20%) IWC(19%) IPO(18%) ICLN(16%) |
Factors Impacting RIDE price | RIDE will decline at least -1.595% in a week (0% probabilities). VIXM(-9%) VXX(-8%) SHY(-4%) UNG(-3%) TBT(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.595% (StdDev 3.19%) |
Hourly BBV | 0 () |
Intraday Trend | -1% |
| |
|
|