| IPO latest price $56.1700 (-0.12%) ($55.7500 - $56.6600) on Wed. Nov. 18, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.22% (three month average) |
RSI | 61 |
Latest Price | $56.1700(-0.12%) |
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 3.4% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off 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 | -0.8% |
| |
|
|