| RIDE latest price $17.8900 (-1.16%) ($16.9000 - $18.5000) on Fri. Nov. 6, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 7.74% (three month average) |
RSI | 43 |
Latest Price | $17.8900(-1.16%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | RIDE advances 6.3% a day on average for past five trading days. |
Weekly Trend | RIDE declines -9.7% a week on average for past two weeks. |
Market Behavior | Normal 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%) ICLN(17%) IPO(17%) |
Factors Impacting RIDE price | RIDE will decline at least -3.87% in a week (0% probabilities). VIXM(-8%) VXX(-7%) SHY(-5%) UNG(-4%) TBT(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -3.87% (StdDev 7.74%) |
Hourly BBV | 0 () |
Intraday Trend | -0.1% |
| |
|
|