| RIDE latest price $25.4500 (-6.12%) ($24.8100 - $27.7500) on Tue. Jan. 12, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 8.3% (three month average) |
RSI | 69 |
Latest Price | $25.4500(-6.12%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | RIDE advances 4.3% a day on average for past five trading days. |
Weekly Trend | RIDE advances 6.8% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally 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 -4.15% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -4.15% (StdDev 8.3%) |
Hourly BBV | 0 () |
Intraday Trend | -3.4% |
| |
|
|