| IPO latest price $56.2400 (0.18%) ($55.6400 - $56.4700) on Tue. Nov. 17, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.22% (three month average) |
RSI | 62 |
Latest Price | $56.2400(0.18%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IPO advances 1.4% a day on average for past five trading days. |
Weekly Trend | IPO advances 3.6% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Growth stock 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 -1.11% in a week (0% probabilities). VIXM(-38%) UUP(-22%) VXX(-13%) TBT(-10%) EDOC(-9%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.11% (StdDev 2.22%) |
Hourly BBV | 0 () |
Intraday Trend | 0.3% |
| |
|
|