| RIDE latest price $21.9800 (-5.62%) ($21.1556 - $23.8600) on Fri. Jan. 8, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.96% (three month average) |
RSI | 64 |
Latest Price | $21.9800(-5.62%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | RIDE advances 1.8% a day on average for past five trading days. |
Weekly Trend | RIDE advances 3.4% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Rotation from value to growth for small cap. |
Correlated ETFs | Broad market will support RIDE advance at 0% a week (0% probability) EDOC(18%) ACES(17%) IPO(16%) ICLN(15%) PEJ(15%) |
Factors Impacting RIDE price | RIDE will decline at least -3.98% in a week (0% probabilities). XLP(-5%) 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 | -3.98% (StdDev 7.96%) |
Hourly BBV | 0 () |
Intraday Trend | -5.7% |
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