| IPO latest price $27.9100 (-3.26%) ($27.9000 - $28.5500) on Mon. Jan. 30, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.25% (three month average) |
RSI | 71 |
Latest Price | $27.9100(-3.26%) |
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 3.5% 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(76%) XLY(71%) ONLN(69%) VUG(68%) QQQ(67%) |
Factors Impacting IPO price | IPO will decline at least -1.625% in a week (0% probabilities). VIXM(-43%) UUP(-22%) TBT(-16%) VXX(-14%) IGOV(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.625% (StdDev 3.25%) |
Hourly BBV | -0.5 () |
Intraday Trend | -1.8% |
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