| SPCE latest price $15.5000 (-5.78%) ($15.3000 - $16.6100) on Wed. Jun. 24, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.65% (three month average) |
RSI | 50 |
Latest Price | $15.5000(-5.78%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPCE advances 0.7% a day on average for past five trading days. |
Weekly Trend | SPCE declines -1% 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 SPCE advance at 0% a week (0% probability) ARKK(54%) IBUY(51%) ARKG(50%) ACES(49%) IPO(48%) |
Factors Impacting SPCE price | SPCE will decline at least -3.325% in a week (0% probabilities). VIXM(-30%) VXX(-26%) UUP(-18%) TLT(-5%) UNG(-0%) |
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 | -3.325% (StdDev 6.65%) |
Hourly BBV | -1.6 () |
Intraday Trend | -4.3% |
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