| SPCE latest price $16.3300 (3.75%) ($15.4200 - $16.8500) on Tue. May. 26, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 9.18% (three month average) |
RSI | 51 |
Latest Price | $16.3300(3.75%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPCE advances 0.4% a day on average for past five trading days. |
Weekly Trend | SPCE declines -9.5% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SPCE advance at 0% a week (0% probability) ARKK(53%) IBUY(51%) ACES(49%) ARKG(49%) IPO(48%) |
Factors Impacting SPCE price | SPCE will decline at least -4.59% 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 | -4.59% (StdDev 9.18%) |
Hourly BBV | 1.4 () |
Intraday Trend | 1.1% |
| |
|
|