| IPO latest price $27.9000 (0.58%) ($27.6150 - $27.9200) on Mon. May. 1, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.06% (three month average) |
RSI | 42 |
Latest Price | $27.9000(0.58%) |
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 declines -1.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support IPO advance at 0% a week (0% probability) IBUY(71%) ONLN(66%) SKYY(66%) VT(62%) XLC(62%) |
Factors Impacting IPO price | IPO will decline at least -1.03% in a week (0% probabilities). VXX(-45%) VIXM(-41%) UUP(-28%) TBT(-24%) BLOK(2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.03% (StdDev 2.06%) |
Hourly BBV | 0.7 () |
Intraday Trend | 0.7% |
| |
|
|