| IPO latest price $54.7100 (2.51%) ($53.8600 - $54.9550) on Wed. Oct. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.08% (three month average) |
RSI | 74 |
Latest Price | $54.7100(2.51%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IPO advances 0.9% a day on average for past five trading days. |
Weekly Trend | IPO advances 3.3% 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 -1.04% 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 | -1.04% (StdDev 2.08%) |
Hourly BBV | 0 () |
Intraday Trend | 1.6% |
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