| RIDE latest price $25.6000 (1.63%) ($22.6000 - $25.8000) on Tue. Oct. 13, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.33% (three month average) |
RSI | 54 |
Latest Price | $25.6000(1.63%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | RIDE advances 3.6% a day on average for past five trading days. |
Weekly Trend | RIDE declines -3.3% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support RIDE advance at 0% a week (0% probability) ACES(19%) PEJ(19%) IWC(18%) IPO(17%) IBUY(15%) |
Factors Impacting RIDE price | RIDE will decline at least -3.165% in a week (0% probabilities). VIXM(-9%) VXX(-7%) SHY(-5%) TBT(-3%) 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 | -3.165% (StdDev 6.33%) |
Hourly BBV | 0 () |
Intraday Trend | 1.6% |
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