| IPO latest price $63.2500 (-2.15%) ($63.0600 - $64.5000) on Wed. Apr. 7, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.4% (three month average) |
RSI | 43 |
Latest Price | $63.2500(-2.15%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IPO advances 1% a day on average for past five trading days. |
Market Behavior | Normal 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(78%) SKYY(77%) IWF(76%) |
Factors Impacting IPO price | IPO will decline at least -1.2% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.2% (StdDev 2.4%) |
Hourly BBV | -0.7 () |
Intraday Trend | -1.9% |
| |
|
|