| IPO latest price $34.0500 (-2.6%) ($34.8600 - $35.7400) on Mon. Jul. 17, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.95% (three month average) |
RSI | 71 |
Latest Price | $34.0500(-2.6%) |
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 4% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support IPO advance at 0% a week (0% probability) ARKK(81%) IBUY(81%) SKYY(77%) BOTZ(76%) VT(76%) |
Factors Impacting IPO price | IPO will decline at least -0.975% in a week (0% probabilities). VXX(-48%) VIXM(-42%) TBT(-35%) UUP(-26%) UNG(9%) |
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 | -0.975% (StdDev 1.95%) |
Hourly BBV | 1.6 () |
Intraday Trend | -2.3% |
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