| IPO latest price $29.9200 (1.32%) ($29.5300 - $30.0800) on Mon. May. 22, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.67% (three month average) |
RSI | 77 |
Latest Price | $29.9200(1.32%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IPO advances 0.4% a day on average for past five trading days. |
Weekly Trend | IPO advances 3.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support IPO advance at 0% a week (0% probability) IBUY(71%) XLC(67%) ONLN(66%) SKYY(66%) VT(65%) |
Factors Impacting IPO price | IPO will decline at least -0.835% in a week (0% probabilities). VXX(-46%) VIXM(-41%) TBT(-32%) UUP(-30%) EDOC(-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 | -0.835% (StdDev 1.67%) |
Hourly BBV | 0.8 () |
Intraday Trend | 1.3% |
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