| SPCE latest price $16.9500 (4.31%) ($16.0500 - $17.0900) on Mon. Jul. 6, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.08% (three month average) |
RSI | 61 |
Latest Price | $16.9500(4.31%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPCE advances 1.7% a day on average for past five trading days. |
Weekly Trend | SPCE advances 3.7% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal 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(49%) |
Factors Impacting SPCE price | SPCE will decline at least -3.04% in a week (0% probabilities). VIXM(-30%) VXX(-26%) UUP(-17%) TLT(-5%) IYT(-1%) |
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 | -3.04% (StdDev 6.08%) |
Hourly BBV | 1.2 () |
Intraday Trend | 2.2% |
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