| IPO latest price $28.0300 (3.78%) ($27.7100 - $28.1000) on Wed. Mar. 29, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.31% (three month average) |
RSI | 59 |
Latest Price | $28.0300(3.78%) |
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 1.7% 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(73%) ONLN(66%) XLY(65%) VT(63%) QQQ(62%) |
Factors Impacting IPO price | IPO will decline at least -1.155% in a week (0% probabilities). VXX(-45%) VIXM(-42%) UUP(-24%) TBT(-19%) 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 | -1.155% (StdDev 2.31%) |
Hourly BBV | 1.8 () |
Intraday Trend | 1.2% |
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