| IPO latest price $45.9350 (2.31%) ($44.6950 - $45.9800) on Thu. Aug. 20, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.94% (three month average) |
RSI | 58 |
Latest Price | $45.9350(2.31%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IPO advances 1.1% a day on average for past five trading days. |
Weekly Trend | IPO declines -1.1% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth 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%) IWO(77%) IWF(75%) |
Factors Impacting IPO price | IPO will decline at least -0.97% 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 | -0.97% (StdDev 1.94%) |
Hourly BBV | 0 () |
Intraday Trend | 2.6% |
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