| IPO latest price $29.0700 (1.15%) ($28.7700 - $29.2100) on Tue. May. 9, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2% (three month average) |
RSI | 51 |
Latest Price | $29.0700(1.15%) |
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 0.2% a week on average for past two weeks. |
Market Behavior | Broad based sell-off 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%) XLC(66%) VT(62%) |
Factors Impacting IPO price | IPO will decline at least -1% in a week (0% probabilities). VXX(-44%) VIXM(-40%) UUP(-28%) TBT(-27%) BLOK(0%) |
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% (StdDev 2%) |
Hourly BBV | 1.3 () |
Intraday Trend | 1% |
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