| IPO latest price $69.1500 (-0.92%) ($68.2500 - $70.3500) on Wed. Dec. 23, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.04% (three month average) |
RSI | 70 |
Latest Price | $69.1500(-0.92%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IPO advances 1.1% a day on average for past five trading days. |
Weekly Trend | IPO advances 2.3% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support IPO advance at 0% a week (0% probability) IBUY(86%) ONLN(82%) IWO(78%) SKYY(77%) IWF(76%) |
Factors Impacting IPO price | IPO will decline at least -1.02% in a week (0% probabilities). VIXM(-39%) UUP(-22%) VXX(-13%) TBT(-9%) EDOC(-5%) |
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 | -1.02% (StdDev 2.04%) |
Hourly BBV | 0 () |
Intraday Trend | -1.6% |
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