| IPO latest price $65.0400 (-1.92%) ($64.3000 - $67.1900) on Tue. Mar. 16, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.4% (three month average) |
RSI | 43 |
Latest Price | $65.0400(-1.92%) |
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 declines -1.6% a week on average for past two weeks. |
Market Behavior | Value stocks 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(86%) ONLN(82%) IWO(79%) SKYY(77%) IWF(76%) |
Factors Impacting IPO price | IPO will decline at least -1.2% in a week (0% probabilities). VIXM(-39%) UUP(-23%) VXX(-12%) TBT(-8%) IGOV(-7%) |
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 | -1.2% (StdDev 2.4%) |
Hourly BBV | -0.6 () |
Intraday Trend | -2.3% |
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