| RIDE latest price $18.0000 (4.35%) ($17.4200 - $18.7000) on Wed. Sep. 2, 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 | $18.0000(4.35%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | RIDE advances 2.3% a day on average for past five trading days. |
Weekly Trend | RIDE advances 14.6% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally 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 | 1.4% |
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