| SPCE latest price $31.1300 (7.79%) ($28.4100 - $32.0900) on Wed. Jun. 2, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.75% (three month average) |
RSI | 85 |
Latest Price | $31.1300(7.79%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPCE advances 3.9% a day on average for past five trading days. |
Weekly Trend | SPCE advances 35.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Rotation from growth to value for small cap. |
Correlated ETFs | Broad market will support SPCE advance at 0% a week (0% probability) ARKK(62%) ARKG(59%) IBUY(59%) IPO(59%) ONLN(56%) |
Factors Impacting SPCE price | SPCE will decline at least -3.375% in a week (0% probabilities). VIXM(-43%) VXX(-32%) UUP(-20%) TLT(-6%) IGOV(-2%) |
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 | -3.375% (StdDev 6.75%) |
Hourly BBV | 0.7 () |
Intraday Trend | 7.6% |
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