| RIDE latest price $16.7800 (-4.88%) ($16.0500 - $18.4900) on Mon. Aug. 31, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.84% (three month average) |
RSI | 78 |
Latest Price | $16.7800(-4.88%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | RIDE advances 3.3% a day on average for past five trading days. |
Weekly Trend | RIDE advances 14% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off 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%) PEJ(20%) IWC(19%) IPO(18%) IBUY(16%) |
Factors Impacting RIDE price | RIDE will decline at least -1.92% 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 | -1.92% (StdDev 3.84%) |
Hourly BBV | 0 () |
Intraday Trend | -8.5% |
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