| IPO latest price $23.3900 (-0.09%) ($22.5000 - $23.6900) on Mon. Mar. 23, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.34% (three month average) |
RSI | 32 |
Latest Price | $23.3900(-0.09%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IPO advances 0.9% a day on average for past five trading days. |
Weekly Trend | IPO declines -13.6% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support IPO advance at 0% a week (0% probability) IBUY(85%) ONLN(81%) SKYY(79%) ARKK(76%) IWO(76%) |
Factors Impacting IPO price | IPO will decline at least -1.67% in a week (0% probabilities). VIXM(-42%) VXX(-18%) UUP(-18%) TBT(-5%) IGOV(3%) |
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 | -1.67% (StdDev 3.34%) |
Hourly BBV | 0 () |
Intraday Trend | 0.6% |
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