| IPO latest price $58.3200 (0.02%) ($58.2800 - $59.1500) on Fri. May. 21, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.54% (three month average) |
RSI | 40 |
Latest Price | $58.3200(0.02%) |
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 -0.3% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Value stock rally 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 -1.27% in a week (0% probabilities). VIXM(-41%) UUP(-22%) VXX(-12%) TBT(-8%) IGOV(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.27% (StdDev 2.54%) |
Hourly BBV | 0.8 () |
Intraday Trend | -0.9% |
| |
|
|