| IPO latest price $69.9000 (0.3%) ($68.9810 - $70.2000) on Thu. Jan. 21, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.2% (three month average) |
RSI | 64 |
Latest Price | $69.9000(0.3%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IPO advances 0.1% 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 | Rotation from value to growth 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(86%) ONLN(82%) IWO(79%) 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(-13%) 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 | 1.2 () |
Intraday Trend | -0.4% |
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