| IPO latest price $64.2600 (0.12%) ($63.3400 - $64.6900) on Wed. Aug. 11, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.5% (three month average) |
RSI | 53 |
Latest Price | $64.2600(0.12%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IPO advances 0.1% a day on average for past five trading days. |
Weekly Trend | IPO advances 1.2% a week on average for past two weeks. |
Market Behavior | Value stock rally 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%) IWF(77%) QQQ(77%) |
Factors Impacting IPO price | IPO will decline at least -0.75% in a week (0% probabilities). VIXM(-40%) UUP(-22%) VXX(-11%) 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 | -0.75% (StdDev 1.5%) |
Hourly BBV | -0.5 () |
Intraday Trend | -0.2% |
| |
|
|