| IPO latest price $38.5800 (1.79%) ($38.1200 - $38.7190) on Wed. Jun. 3, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.92% (three month average) |
RSI | 87 |
Latest Price | $38.5800(1.79%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IPO advances 1.8% a day on average for past five trading days. |
Weekly Trend | IPO advances 4.6% a week on average for past two weeks. |
Market Behavior | Value stock 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 -1.96% in a week (0% probabilities). VIXM(-38%) UUP(-23%) VXX(-15%) TBT(-9%) UNG(1%) |
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 | -1.96% (StdDev 3.92%) |
Hourly BBV | 0 () |
Intraday Trend | 0.7% |
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