| IPO latest price $19.9700 (0.5%) ($19.9700 - $20.1100) on Thu. Jul. 14, 2016. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.21% (three month average) |
RSI | 53 |
Latest Price | $19.9700(0.5%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IPO advances 0.8% a day on average for past five trading days. |
Weekly Trend | IPO advances 3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal 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 -0.605% in a week (0% probabilities). XLK(-9%) XLP(-8%) VUG(-8%) VT(-8%) SPY(-8%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.605% (StdDev 1.21%) |
Hourly BBV | 0 () |
Intraday Trend | -0.7% |
| |
|
|