| RIDE latest price $21.3400 (-2.91%) ($20.2600 - $22.2000) on Tue. Dec. 29, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.97% (three month average) |
RSI | 59 |
Latest Price | $21.3400(-2.91%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | RIDE advances 1.9% a day on average for past five trading days. |
Weekly Trend | RIDE advances 6.9% 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) EDOC(18%) ACES(17%) ICLN(16%) IPO(16%) PEJ(16%) |
Factors Impacting RIDE price | RIDE will decline at least -3.985% in a week (0% probabilities). XLP(-6%) VIXM(-5%) SHY(-5%) TBT(-4%) IGOV(-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 | -3.985% (StdDev 7.97%) |
Hourly BBV | 0 () |
Intraday Trend | -2.1% |
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