| RIDE latest price $24.2300 (-4.08%) ($23.8800 - $25.8700) on Fri. Jan. 15, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.26% (three month average) |
RSI | 60 |
Latest Price | $24.2300(-4.08%) |
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 10.4% a week on average for past two weeks. |
Market Behavior | Broad based sell-off 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%) IPO(16%) PEJ(16%) ICLN(15%) |
Factors Impacting RIDE price | RIDE will decline at least -4.13% 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 | -4.13% (StdDev 8.26%) |
Hourly BBV | 0 () |
Intraday Trend | -3.9% |
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