| RIDE latest price $13.3400 (-4.37%) ($13.2000 - $13.9800) on Fri. Aug. 21, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.25% (three month average) |
RSI | 61 |
Latest Price | $13.3400(-4.37%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | RIDE advances 0.6% a day on average for past five trading days. |
Weekly Trend | RIDE advances 5.4% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based 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%) IBUY(16%) |
Factors Impacting RIDE price | RIDE will decline at least -1.625% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.625% (StdDev 3.25%) |
Hourly BBV | 0 () |
Intraday Trend | -3% |
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