| IPO latest price $27.0300 (5.38%) ($26.3955 - $27.0590) on Thu. Mar. 26, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.57% (three month average) |
RSI | 42 |
Latest Price | $27.0300(5.38%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IPO advances 3.1% a day on average for past five trading days. |
Weekly Trend | IPO declines -4.4% 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) IBUY(85%) ONLN(81%) SKYY(79%) IWO(76%) ARKK(75%) |
Factors Impacting IPO price | IPO will decline at least -1.785% in a week (0% probabilities). VIXM(-40%) UUP(-22%) VXX(-17%) TBT(-6%) UNG(3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.785% (StdDev 3.57%) |
Hourly BBV | 0 () |
Intraday Trend | 2.4% |
| |
|
|