| RIDE latest price $21.1000 (5.61%) ($20.0800 - $22.5234) on Thu. Sep. 10, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.09% (three month average) |
RSI | 81 |
Latest Price | $21.1000(5.61%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | RIDE advances 3.4% a day on average for past five trading days. |
Weekly Trend | RIDE advances 13.8% 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 -2.045% 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 | -2.045% (StdDev 4.09%) |
Hourly BBV | 0 () |
Intraday Trend | -2.8% |
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