| SPCE latest price $20.4700 (0.1%) ($19.1100 - $20.9300) on Tue. Nov. 10, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.78% (three month average) |
RSI | 48 |
Latest Price | $20.4700(0.1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPCE advances 2.1% a day on average for past five trading days. |
Weekly Trend | SPCE advances 0.7% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SPCE advance at 0% a week (0% probability) ARKK(57%) IBUY(55%) ARKG(53%) ACES(52%) IPO(52%) |
Factors Impacting SPCE price | SPCE will decline at least -2.39% in a week (0% probabilities). VIXM(-32%) VXX(-28%) UUP(-20%) TLT(-5%) EDOC(-5%) |
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 | -2.39% (StdDev 4.78%) |
Hourly BBV | 0.6 () |
Intraday Trend | -1.4% |
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