| RIDE latest price $13.0000 (4.92%) ($12.6400 - $15.1000) on Tue. Aug. 4, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.08% (three month average) |
RSI | 86 |
Latest Price | $13.0000(4.92%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | RIDE advances 4.6% a day on average for past five trading days. |
Weekly Trend | RIDE advances 4.3% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock 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 -1.54% 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 | -1.54% (StdDev 3.08%) |
Hourly BBV | 0 () |
Intraday Trend | -7.8% |
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