| SPCE latest price $17.9200 (1.7%) ($15.5500 - $18.1000) on Fri. May. 1, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 10.05% (three month average) |
RSI | 64 |
Latest Price | $17.9200(1.7%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPCE advances 1% a day on average for past five trading days. |
Weekly Trend | SPCE declines -1.2% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support SPCE advance at 0% a week (0% probability) ARKK(53%) IBUY(51%) ACES(49%) ARKG(48%) IPO(48%) |
Factors Impacting SPCE price | SPCE will decline at least -5.025% in a week (0% probabilities). VIXM(-30%) VXX(-27%) UUP(-18%) TLT(-6%) UNG(-0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -5.025% (StdDev 10.05%) |
Hourly BBV | 0.4 () |
Intraday Trend | 5.3% |
| |
|
|