| IPO latest price $25.1200 (3.12%) ($24.7000 - $25.5000) on Mon. Jan. 9, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.32% (three month average) |
RSI | 49 |
Latest Price | $25.1200(3.12%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IPO advances 0.3% a day on average for past five trading days. |
Weekly Trend | IPO declines -1.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support IPO advance at 0% a week (0% probability) IBUY(76%) XLY(71%) ONLN(68%) VUG(68%) QQQ(67%) |
Factors Impacting IPO price | IPO will decline at least -1.66% in a week (0% probabilities). VIXM(-43%) UUP(-24%) VXX(-14%) TBT(-14%) EDOC(-9%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.66% (StdDev 3.32%) |
Hourly BBV | 1.2 () |
Intraday Trend | 1.7% |
| |
|
|