| SPCE latest price $25.1500 (-1.53%) ($23.8100 - $27.5500) on Thu. Jul. 23, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.88% (three month average) |
RSI | 80 |
Latest Price | $25.1500(-1.53%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPCE advances 3.5% a day on average for past five trading days. |
Weekly Trend | SPCE advances 20.6% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off 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%) ACES(50%) ARKG(50%) IPO(49%) |
Factors Impacting SPCE price | SPCE will decline at least -2.94% in a week (0% probabilities). VIXM(-30%) VXX(-26%) UUP(-18%) TLT(-6%) XLC(0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.94% (StdDev 5.88%) |
Hourly BBV | 0.6 () |
Intraday Trend | -3.8% |
| |
|
|