| IPO latest price $39.6100 (1.75%) ($38.7500 - $40.6600) on Tue. Jun. 16, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.8% (three month average) |
RSI | 70 |
Latest Price | $39.6100(1.75%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IPO advances 0.6% a day on average for past five trading days. |
Weekly Trend | IPO advances 2.1% 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%) IWO(76%) IWF(75%) |
Factors Impacting IPO price | IPO will decline at least -1.4% in a week (0% probabilities). VIXM(-38%) UUP(-23%) VXX(-15%) TBT(-9%) DRIV(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 | -1.4% (StdDev 2.8%) |
Hourly BBV | 0 () |
Intraday Trend | -2% |
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