| IPO latest price $28.3500 (4.42%) ($27.6300 - $28.3650) on Tue. Mar. 21, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.58% (three month average) |
RSI | 52 |
Latest Price | $28.3500(4.42%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IPO advances 1.2% a day on average for past five trading days. |
Weekly Trend | IPO declines -1.5% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support IPO advance at 0% a week (0% probability) IBUY(72%) ONLN(66%) XLY(65%) QQQ(62%) VT(62%) |
Factors Impacting IPO price | IPO will decline at least -1.29% in a week (0% probabilities). VXX(-44%) VIXM(-40%) UUP(-24%) TBT(-18%) EDOC(-10%) |
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 | -1.29% (StdDev 2.58%) |
Hourly BBV | 1.7 () |
Intraday Trend | 2.6% |
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