| IPO latest price $53.3900 (2.12%) ($52.5446 - $53.4400) on Thu. Oct. 1, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.08% (three month average) |
RSI | 79 |
Latest Price | $53.3900(2.12%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IPO advances 1.6% a day on average for past five trading days. |
Weekly Trend | IPO advances 3.2% a week on average for past two weeks. |
Market Behavior | Growth stock 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 -1.04% 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 | -1.04% (StdDev 2.08%) |
Hourly BBV | 0 () |
Intraday Trend | 1.1% |
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