| RIDE latest price $17.7800 (1.02%) ($16.6500 - $18.6800) on Tue. Sep. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.82% (three month average) |
RSI | 73 |
Latest Price | $17.7800(1.02%) |
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 12.1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off 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%) IWC(19%) PEJ(19%) IPO(18%) IBUY(16%) |
Factors Impacting RIDE price | RIDE will decline at least -1.91% in a week (0% probabilities). VIXM(-10%) VXX(-9%) UNG(-4%) TBT(-4%) SHY(-4%) |
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 | -1.91% (StdDev 3.82%) |
Hourly BBV | 0 () |
Intraday Trend | 4.6% |
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