| IPO latest price $28.8650 (-0.55%) ($28.7600 - $29.2000) on Tue. Apr. 4, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.3% (three month average) |
RSI | 70 |
Latest Price | $28.8650(-0.55%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IPO advances 1.3% a day on average for past five trading days. |
Weekly Trend | IPO advances 2.6% 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(72%) ONLN(66%) XLY(64%) VT(63%) QQQ(62%) |
Factors Impacting IPO price | IPO will decline at least -1.15% in a week (0% probabilities). VXX(-43%) VIXM(-40%) UUP(-25%) TBT(-21%) SKYY(-1%) |
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 | -1.15% (StdDev 2.3%) |
Hourly BBV | -0.8 () |
Intraday Trend | -0.7% |
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