| IPO latest price $31.3716 (3.2%) ($30.7700 - $31.5821) on Wed. Apr. 29, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.89% (three month average) |
RSI | 82 |
Latest Price | $31.3716(3.2%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IPO advances 1.1% a day on average for past five trading days. |
Weekly Trend | IPO advances 4.9% 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(78%) IWF(75%) IWO(75%) |
Factors Impacting IPO price | IPO will decline at least -1.945% in a week (0% probabilities). VIXM(-39%) UUP(-23%) VXX(-16%) TBT(-8%) UNG(2%) |
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 | -1.945% (StdDev 3.89%) |
Hourly BBV | 0 () |
Intraday Trend | 1.1% |
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