| SPCE latest price $21.0300 (0.1%) ($20.8000 - $22.5300) on Tue. Oct. 6, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.76% (three month average) |
RSI | 69 |
Latest Price | $21.0300(0.1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPCE advances 0.6% a day on average for past five trading days. |
Weekly Trend | SPCE advances 10.4% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SPCE advance at 0% a week (0% probability) ARKK(56%) IBUY(54%) ACES(52%) ARKG(52%) IPO(52%) |
Factors Impacting SPCE price | SPCE will decline at least -2.88% in a week (0% probabilities). VIXM(-31%) VXX(-27%) UUP(-19%) TLT(-5%) EDOC(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.88% (StdDev 5.76%) |
Hourly BBV | 0.2 () |
Intraday Trend | -1.2% |
| |
|
|