| IPO latest price $44.3167 (2.44%) ($43.6100 - $44.4000) on Fri. Jul. 31, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.89% (three month average) |
RSI | 58 |
Latest Price | $44.3167(2.44%) |
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 0.5% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based sell-off 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 -0.945% in a week (0% probabilities). VIXM(-38%) UUP(-22%) VXX(-14%) TBT(-10%) DRIV(-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 | -0.945% (StdDev 1.89%) |
Hourly BBV | 0 () |
Intraday Trend | 0.3% |
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