| IPO latest price $51.3800 (4.09%) ($49.7900 - $51.4599) on Fri. Sep. 25, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.11% (three month average) |
RSI | 69 |
Latest Price | $51.3800(4.09%) |
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 3.5% 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%) IWO(77%) SKYY(77%) IWF(75%) |
Factors Impacting IPO price | IPO will decline at least -1.055% in a week (0% probabilities). VIXM(-38%) UUP(-22%) VXX(-14%) TBT(-10%) IGOV(-6%) |
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 | -1.055% (StdDev 2.11%) |
Hourly BBV | 0 () |
Intraday Trend | 3.2% |
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