| SPCE latest price $20.1700 (4.89%) ($19.1500 - $20.3700) on Thu. Oct. 1, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.82% (three month average) |
RSI | 69 |
Latest Price | $20.1700(4.89%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPCE advances 4.6% a day on average for past five trading days. |
Weekly Trend | SPCE advances 7% a week on average for past two weeks. |
Market Behavior | Growth 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(56%) IBUY(54%) ACES(52%) ARKG(52%) IPO(52%) |
Factors Impacting SPCE price | SPCE will decline at least -2.91% in a week (0% probabilities). VIXM(-31%) VXX(-27%) UUP(-19%) TLT(-5%) EDOC(-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 | -2.91% (StdDev 5.82%) |
Hourly BBV | 0.1 () |
Intraday Trend | 4.8% |
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