| IPO latest price $32.8700 (1.12%) ($32.5360 - $32.9300) on Fri. Nov. 17, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.73% (three month average) |
RSI | 72 |
Latest Price | $32.8700(1.12%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IPO advances 0.7% a day on average for past five trading days. |
Weekly Trend | IPO advances 3.8% 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) IWO(86%) IWM(85%) IWN(84%) SKYY(84%) ARKK(83%) |
Factors Impacting IPO price | IPO will decline at least -0.865% in a week (0% probabilities). UUP(-24%) TBT(-24%) VXX(-8%) GLD(-2%) URA(1%) |
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 | -0.865% (StdDev 1.73%) |
Hourly BBV | 0.1 () |
Intraday Trend | 0.7% |
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