| IPO latest price $56.2000 (2.76%) ($55.1600 - $56.2000) on Thu. Nov. 5, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.17% (three month average) |
RSI | 49 |
Latest Price | $56.2000(2.76%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IPO advances 1.3% a day on average for past five trading days. |
Weekly Trend | IPO declines -2.1% 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 -1.085% in a week (0% probabilities). VIXM(-39%) UUP(-23%) VXX(-14%) TBT(-10%) EDOC(-7%) |
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 | -1.085% (StdDev 2.17%) |
Hourly BBV | 0 () |
Intraday Trend | 0.6% |
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