| IPO latest price $17.8800 (1.81%) ($17.7200 - $17.8800) on Fri. Feb. 26, 2016. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.09% (three month average) |
RSI | 60 |
Latest Price | $17.8800(1.81%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IPO advances 0.4% a day on average for past five trading days. |
Weekly Trend | IPO advances 4.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support IPO advance at 0% a week (0% probability) DIA(8%) UUP(5%) IYT(4%) IGOV(3%) VIXM(3%) |
Factors Impacting IPO price | IPO will decline at least -1.045% in a week (0% probabilities). XLP(-7%) XLK(-7%) XLY(-6%) VUG(-6%) SPY(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.045% (StdDev 2.09%) |
Hourly BBV | 0 () |
Intraday Trend | 0.9% |
| |
|
|