| SPCE latest price $18.4500 (4.47%) ($17.6790 - $18.6700) on Tue. Nov. 3, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.05% (three month average) |
RSI | 37 |
Latest Price | $18.4500(4.47%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPCE advances 0.2% a day on average for past five trading days. |
Weekly Trend | SPCE declines -10.5% a week on average for past two weeks. |
Market Behavior | Broad based 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(57%) IBUY(55%) ARKG(53%) IPO(53%) ACES(52%) |
Factors Impacting SPCE price | SPCE will decline at least -2.525% in a week (0% probabilities). VIXM(-33%) VXX(-28%) UUP(-20%) TLT(-5%) EDOC(-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 | -2.525% (StdDev 5.05%) |
Hourly BBV | 1.5 () |
Intraday Trend | 3.4% |
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