RIDE slipped below its $22.50 – $54.60 range and came back to test the low on 16 Dec 2022.
A stock moves sideways between a floor (the range low) and a ceiling (the range high) for a long time. Then it drops below the floor, fails to climb back in, and returns to test that low again. Traders also call this a spring. Some springs mark the end of a decline; many don't.
On the chart, each candle is one trading day. The purple lines are the range the signal came from, and the green Retest label marks the day RangeStocks flagged. Tick “Show past sideways ranges” to see earlier ranges.
| Range | Started | Ended | Outcome | Retests |
|---|---|---|---|---|
| 1 Apr 2024 | Still open | — | — | |
| 30 Mar 2022 | 6 Jan 2023 · 9 mo | Broke below the range at $13.05 | 16 Dec 2022 | |
| 11 Nov 2021 | 11 May 2022 · 6 mo | Broke below the range at $22.50 | — |
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Past patterns don't predict future price moves. This page shows what an automated algorithm detected and is not financial advice. Read the disclaimer.