| RIDE latest price $25.2600 (-2.17%) ($25.1100 - $26.4800) on Thu. Jan. 14, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 8.29% (three month average) |
RSI | 59 |
Latest Price | $25.2600(-2.17%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | RIDE advances 1.6% a day on average for past five trading days. |
Weekly Trend | RIDE advances 8.3% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off 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%) PEJ(16%) ICLN(15%) |
Factors Impacting RIDE price | RIDE will decline at least -4.145% 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 | -4.145% (StdDev 8.29%) |
Hourly BBV | 0 () |
Intraday Trend | -4.5% |
| |
|
|