| RIDE latest price $25.8200 (1.45%) ($25.7000 - $28.3999) on Wed. Jan. 13, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.3% (three month average) |
RSI | 67 |
Latest Price | $25.8200(1.45%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | RIDE advances 3.6% a day on average for past five trading days. |
Weekly Trend | RIDE advances 8% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support RIDE advance at 0% a week (0% probability) EDOC(18%) ACES(17%) IPO(16%) ICLN(15%) PEJ(15%) |
Factors Impacting RIDE price | RIDE will decline at least -4.15% in a week (0% probabilities). XLP(-5%) VIXM(-5%) SHY(-5%) TBT(-4%) IGOV(-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 | -4.15% (StdDev 8.3%) |
Hourly BBV | 0 () |
Intraday Trend | -3.2% |
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