| IPO latest price $71.1800 (0.49%) ($68.6900 - $72.8350) on Mon. Jan. 25, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.2% (three month average) |
RSI | 76 |
Latest Price | $71.1800(0.49%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IPO advances 0.8% a day on average for past five trading days. |
Weekly Trend | IPO advances 3.7% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.1% (StdDev 2.2%) |
Hourly BBV | 0.7 () |
Intraday Trend | -1.1% |
| |
|
|