| RIDE latest price $29.0100 (4.05%) ($28.0300 - $30.2300) on Fri. Sep. 18, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.79% (three month average) |
RSI | 83 |
Latest Price | $29.0100(4.05%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | RIDE advances 3.2% a day on average for past five trading days. |
Weekly Trend | RIDE advances 27.8% a week on average for past two weeks. |
Market Behavior | Broad based 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%) IWC(19%) PEJ(19%) IPO(18%) IBUY(16%) |
Factors Impacting RIDE price | RIDE will decline at least -2.395% in a week (0% probabilities). VIXM(-10%) VXX(-9%) SHY(-4%) UUP(-3%) UNG(-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 | -2.395% (StdDev 4.79%) |
Hourly BBV | 0 () |
Intraday Trend | 1.4% |
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