| IPO latest price $28.2500 (1.15%) ($27.8500 - $28.5250) on Mon. Nov. 14, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.94% (three month average) |
RSI | 45 |
Latest Price | $28.2500(1.15%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IPO advances 1.9% a day on average for past five trading days. |
Weekly Trend | IPO declines -2.8% a week on average for past two weeks. |
Market Behavior | Broad based sell-off 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(74%) ONLN(69%) QQQ(68%) IWF(66%) IWO(64%) |
Factors Impacting IPO price | IPO will decline at least -1.47% in a week (0% probabilities). TBT(-10%) VIXM(-9%) UUP(-9%) VXX(-3%) XLU(3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.47% (StdDev 2.94%) |
Hourly BBV | 0.6 () |
Intraday Trend | -0% |
| |
|
|