| RIDE latest price $19.9800 (12.37%) ($18.1600 - $21.6800) on Wed. Sep. 9, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.06% (three month average) |
RSI | 75 |
Latest Price | $19.9800(12.37%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | RIDE advances 3.1% a day on average for past five trading days. |
Weekly Trend | RIDE advances 13.1% 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%) IWC(19%) PEJ(19%) IPO(18%) IBUY(16%) |
Factors Impacting RIDE price | RIDE will decline at least -2.03% in a week (0% probabilities). VXX(-9%) VIXM(-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 | -2.03% (StdDev 4.06%) |
Hourly BBV | 0 () |
Intraday Trend | 7.7% |
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