| IPO latest price $44.9200 (1.51%) ($44.0900 - $44.9200) on Tue. Aug. 18, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.93% (three month average) |
RSI | 60 |
Latest Price | $44.9200(1.51%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IPO advances 1% a day on average for past five trading days. |
Weekly Trend | IPO declines -1% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Value stock 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(77%) IWF(75%) |
Factors Impacting IPO price | IPO will decline at least -0.965% in a week (0% probabilities). VIXM(-38%) UUP(-23%) VXX(-14%) TBT(-10%) EDOC(-3%) |
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 | -0.965% (StdDev 1.93%) |
Hourly BBV | 0 () |
Intraday Trend | 0.9% |
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