| RIDE latest price $12.3900 (21%) ($11.1100 - $12.4500) on Mon. Aug. 3, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.03% (three month average) |
RSI | 84 |
Latest Price | $12.3900(21%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | RIDE advances 3.9% a day on average for past five trading days. |
Weekly Trend | RIDE advances 1.8% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support RIDE advance at 0% a week (0% probability) ACES(21%) PEJ(20%) IPO(19%) IWC(19%) IWO(17%) |
Factors Impacting RIDE price | RIDE will decline at least -1.515% in a week (0% probabilities). VIXM(-9%) VXX(-8%) IGOV(-5%) SHY(-4%) TBT(-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 | -1.515% (StdDev 3.03%) |
Hourly BBV | 0 () |
Intraday Trend | 6.4% |
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