| IPO latest price $32.8600 (2.86%) ($32.0000 - $32.9400) on Thu. Jun. 15, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.92% (three month average) |
RSI | 66 |
Latest Price | $32.8600(2.86%) |
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 4.1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support IPO advance at 0% a week (0% probability) IBUY(80%) SKYY(78%) VT(76%) IVE(75%) SPY(74%) |
Factors Impacting IPO price | IPO will decline at least -0.96% in a week (0% probabilities). VXX(-48%) VIXM(-44%) TBT(-34%) UUP(-27%) IGOV(3%) |
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 | -0.96% (StdDev 1.92%) |
Hourly BBV | 0 () |
Intraday Trend | 2.7% |
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