| IPO latest price $31.6700 (1.64%) ($31.0700 - $31.9100) on Thu. Sep. 28, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.67% (three month average) |
RSI | 36 |
Latest Price | $31.6700(1.64%) |
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 declines -3.5% 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) ARKK(88%) IBUY(86%) IWO(84%) SKYY(83%) IWM(82%) |
Factors Impacting IPO price | IPO will decline at least -0.835% in a week (0% probabilities). VXX(-53%) VIXM(-44%) TBT(-39%) UUP(-25%) GLD(-6%) |
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 | 1.5 () |
Intraday Trend | 1.8% |
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