| IPO latest price $53.3700 (-0.41%) ($53.0200 - $54.4400) on Tue. Oct. 6, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.07% (three month average) |
RSI | 70 |
Latest Price | $53.3700(-0.41%) |
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% a week on average for past two weeks. |
Market Behavior | Broad based sell-off 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%) IWO(77%) SKYY(77%) IWF(75%) |
Factors Impacting IPO price | IPO will decline at least -1.035% in a week (0% probabilities). VIXM(-39%) UUP(-23%) 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 | -1.035% (StdDev 2.07%) |
Hourly BBV | 0 () |
Intraday Trend | -0.8% |
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