| IPO latest price $30.4650 (3.73%) ($29.5020 - $30.4800) on Thu. Jun. 1, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.78% (three month average) |
RSI | 57 |
Latest Price | $30.4650(3.73%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IPO advances 0.6% a day on average for past five trading days. |
Weekly Trend | IPO advances 0.4% a week on average for past two weeks. |
Market Behavior | Broad based rally 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(64%) |
Factors Impacting IPO price | IPO will decline at least -0.89% in a week (0% probabilities). VXX(-44%) VIXM(-39%) TBT(-33%) UUP(-31%) EDOC(-16%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.89% (StdDev 1.78%) |
Hourly BBV | 1.7 () |
Intraday Trend | 2.5% |
| |
|
|