| IPO latest price $28.4700 (-1.42%) ($28.3600 - $29.4800) on Wed. Oct. 26, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.77% (three month average) |
RSI | 39 |
Latest Price | $28.4700(-1.42%) |
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 -0.7% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support IPO advance at 0% a week (0% probability) IBUY(75%) ONLN(70%) QQQ(68%) IWF(66%) IWO(65%) |
Factors Impacting IPO price | IPO will decline at least -1.385% in a week (0% probabilities). TBT(-12%) UUP(-11%) VIXM(-10%) VXX(-3%) EDOC(0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.385% (StdDev 2.77%) |
Hourly BBV | 0.3 () |
Intraday Trend | 0.4% |
| |
|
|