| IPO latest price $27.4100 (0.29%) ($27.1740 - $27.6380) on Wed. May. 3, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.93% (three month average) |
RSI | 37 |
Latest Price | $27.4100(0.29%) |
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 -1.8% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Growth stock rally 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 -0.965% 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 | -0.965% (StdDev 1.93%) |
Hourly BBV | -0.2 () |
Intraday Trend | 0.4% |
| |
|
|