easy methods to play the quick time period pattern accelerating larger

Introduction

VolatilityMarkets suggests prime quant commerce concepts to make the most of trending markets.

Market Summary

SPCE final value was $ 6.37 . In the quick time period Virgin Galactic has been accelerating larger. In the long run Virgin Galactic has been accelerating larger. Over the previous 20 days, the SPCE value elevated 12 days and decreased 8 days. For each up day, there have been 0.67 down days. The common return on days the place the worth elevated is 4.4543% The common return on days the place the worth decreased is -3.7375% Over the previous 20 Days, the worth has elevated by 22.97% p.c. Over the previous 20 days, the common return per day has been 1.1485% p.c. With the quick time period pattern being the stronger of the 2, we suggest a lengthy commerce thought with an in a single day time horizon.

The Trade Idea

Buy $ 42,938 USD of Virgin Galactic ,

take revenue

at $ 6.6259 degree with 25.01% odds for a $ 1,724 USD achieve,

cease out

at $ 6.2216 with 50.0% odds for a $ 1,000 USD loss

Intraday Predictions

SPCE final value was $ 6.37 . The quick time period pattern accelerating larger is stronger than the long run pattern accelerating larger. This commerce goes lengthy when the final change was larger and accelerating .

Over the previous 20 days, the SPCE value elevated 12 days and decreased 8 days. For each up day, there have been 0.67 down days. The common return on days the place the worth elevated is 4.4543% The common return on days the place the worth decreased is -3.7375% Over the previous 20 Days, the worth has elevated by 22.97% p.c. Over the previous 20 days, the common return per day has been 1.1485% p.c.

Within 1 week, our worst case situation the place we’re 95% sure that this degree will not commerce for SPCE, is $ 5.9264 , and the very best case situation in a single day is $ 6.8136 . ranges exterior of this vary are unlikely, however nonetheless attainable, to commerce. We are 50% assured that $ 6.2216 may commerce and that $ 6.6259 may commerce. These ranges are inside statistical likelihood.

Expected Range

We are 50% assured that $ 6.2216 may commerce and that $ 6.6259 may commerce. These ranges are inside statistical likelihood.

Probability Vs Payout Chart:

This graph contrasts the share payout of holding a place vs the likelihood that the payout happens. The purple and inexperienced columns signify the likelihood of stopping out and taking revenue and their related payouts.

Key Takeaways:

Price at this time $ 6.37
Over the previous 20 days, the SPCE value elevated 12 days and decreased 8 Days.
For each up day, there have been 0.67 down days.
The common return on days the place the worth elevated is 4.4543%
The common return on days the place the worth decreased is -3.7375%
Over the previous 20 Days, the worth has elevated by 22.97% p.c.
Over the previous 20 days, the common return per day has been 1.1485% p.c.
Over the previous 20 days, The value has on common been accelerating: $ 0.0089 per day larger
Over the final session, the worth elevated by $ 0.27
Over the final session, the worth elevated by 4.2386 %
Over the final session, the worth accelerated by $ 0.21