| RIDE latest price $28.1700 (-10.29%) ($26.8000 - $31.8000) on Tue. Sep. 22, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.08% (three month average) |
RSI | 82 |
Latest Price | $28.1700(-10.29%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | RIDE advances 1.1% a day on average for past five trading days. |
Weekly Trend | RIDE advances 26.1% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support RIDE advance at 0% a week (0% probability) ACES(20%) IWC(20%) PEJ(20%) IPO(18%) IWO(17%) |
Factors Impacting RIDE price | RIDE will decline at least -2.54% in a week (0% probabilities). VIXM(-9%) VXX(-8%) SHY(-4%) UNG(-3%) 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 | -2.54% (StdDev 5.08%) |
Hourly BBV | 0 () |
Intraday Trend | -8.8% |
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