| RIDE latest price $25.4400 (-7.49%) ($25.0000 - $29.4200) on Thu. Nov. 19, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.63% (three month average) |
RSI | 84 |
Latest Price | $25.4400(-7.49%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | RIDE advances 8% a day on average for past five trading days. |
Weekly Trend | RIDE advances 25.8% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support RIDE advance at 0% a week (0% probability) ACES(19%) PEJ(17%) ICLN(16%) IWC(16%) TAN(16%) |
Factors Impacting RIDE price | RIDE will decline at least -4.315% in a week (0% probabilities). XLP(-5%) VIXM(-5%) SHY(-5%) VXX(-4%) TBT(-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 | -4.315% (StdDev 8.63%) |
Hourly BBV | 0 () |
Intraday Trend | -9% |
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