| SPCE latest price $31.0100 (-0.39%) ($30.7000 - $33.7000) on Thu. Jun. 3, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.71% (three month average) |
RSI | 88 |
Latest Price | $31.0100(-0.39%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPCE advances 2.7% a day on average for past five trading days. |
Weekly Trend | SPCE advances 34.1% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support SPCE advance at 0% a week (0% probability) ARKK(63%) ARKG(60%) IBUY(60%) IPO(60%) ONLN(57%) |
Factors Impacting SPCE price | SPCE will decline at least -3.355% in a week (0% probabilities). VIXM(-42%) VXX(-32%) UUP(-20%) TLT(-7%) IGOV(-3%) |
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 | -3.355% (StdDev 6.71%) |
Hourly BBV | 0.3 () |
Intraday Trend | -3.5% |
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