| IPO latest price $35.4600 (-0.3%) ($34.9300 - $35.6700) on Thu. May. 21, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.98% (three month average) |
RSI | 87 |
Latest Price | $35.4600(-0.3%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IPO advances 1.3% a day on average for past five trading days. |
Weekly Trend | IPO advances 6.3% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal 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 -1.99% in a week (0% probabilities). VIXM(-38%) UUP(-23%) VXX(-15%) TBT(-9%) UNG(2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.99% (StdDev 3.98%) |
Hourly BBV | 0 () |
Intraday Trend | -0.6% |
| |
|
|