| IPO latest price $62.1800 (3.34%) ($60.7800 - $62.6400) on Wed. Mar. 31, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.48% (three month average) |
RSI | 38 |
Latest Price | $62.1800(3.34%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IPO advances 0.7% a day on average for past five trading days. |
Weekly Trend | IPO declines -3.9% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Growth 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(75%) |
Factors Impacting IPO price | IPO will decline at least -1.24% in a week (0% probabilities). VIXM(-40%) UUP(-22%) VXX(-12%) TBT(-8%) IGOV(-8%) |
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 | -1.24% (StdDev 2.48%) |
Hourly BBV | 1.7 () |
Intraday Trend | 2.3% |
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