| UBER latest price $32.9000 (-5.21%) ($32.4500 - $33.7000) on Fri. Aug. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.22% (three month average) |
RSI | 45 |
Latest Price | $32.9000(-5.21%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UBER advances 1.6% a day on average for past five trading days. |
Weekly Trend | UBER advances 1.2% 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 UBER advance at 0% a week (0% probability) IBUY(56%) VUG(56%) XLY(56%) IPO(55%) SKYY(55%) |
Factors Impacting UBER price | UBER will decline at least -1.61% in a week (0% probabilities). VIXM(-45%) UUP(-19%) VXX(-15%) IGOV(-5%) TBT(-4%) |
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 | -1.61% (StdDev 3.22%) |
Hourly BBV | -0.8 () |
Intraday Trend | -0.7% |
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