| IPO latest price $66.4900 (5.16%) ($64.4100 - $66.5000) on Thu. Jan. 7, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.2% (three month average) |
RSI | 54 |
Latest Price | $66.4900(5.16%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IPO advances 0.3% a day on average for past five trading days. |
Weekly Trend | IPO declines -2.2% 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(86%) ONLN(82%) IWO(78%) SKYY(77%) IWF(76%) |
Factors Impacting IPO price | IPO will decline at least -1.1% in a week (0% probabilities). VIXM(-40%) UUP(-23%) VXX(-14%) TBT(-9%) UNG(2%) |
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 | -1.1% (StdDev 2.2%) |
Hourly BBV | 0 () |
Intraday Trend | 3% |
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