| IPO latest price $28.6900 (-0.61%) ($28.4940 - $28.7700) on Wed. Apr. 19, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.25% (three month average) |
RSI | 59 |
Latest Price | $28.6900(-0.61%) |
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 -0.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support IPO advance at 0% a week (0% probability) IBUY(71%) SKYY(66%) ONLN(65%) VT(62%) XLY(62%) |
Factors Impacting IPO price | IPO will decline at least -1.125% in a week (0% probabilities). VXX(-45%) VIXM(-42%) UUP(-27%) TBT(-23%) 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 | -1.125% (StdDev 2.25%) |
Hourly BBV | 0.5 () |
Intraday Trend | 0.6% |
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