| IPO latest price $19.5000 (1.64%) ($19.3300 - $19.5500) on Fri. Jul. 8, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.23% (three month average) |
RSI | 55 |
Latest Price | $19.5000(1.64%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IPO advances 0.3% a day on average for past five trading days. |
Weekly Trend | IPO declines -0.1% 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 IPO advance at 0% a week (0% probability) UUP(7%) DIA(6%) VIXM(5%) IGOV(3%) IYT(2%) |
Factors Impacting IPO price | IPO will decline at least -0.615% in a week (0% probabilities). XLP(-8%) XLK(-8%) VUG(-8%) VT(-8%) SPY(-8%) |
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 | -0.615% (StdDev 1.23%) |
Hourly BBV | 0 () |
Intraday Trend | 0.9% |
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