| IPO latest price $37.8300 (2.58%) ($37.2700 - $37.9700) on Tue. Dec. 19, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.73% (three month average) |
RSI | 81 |
Latest Price | $37.8300(2.58%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IPO advances 1.6% a day on average for past five trading days. |
Weekly Trend | IPO advances 3.9% 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) ARKG(91%) IFRA(91%) ARKK(89%) IWN(92%) IWM(89%) |
Factors Impacting IPO price | IPO will decline at least -0.865% in a week (0% probabilities). EDOC(-51%) TBT(-35%) URA(-18%) UUP(-12%) VIXM(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.865% (StdDev 1.73%) |
Hourly BBV | 1.4 () |
Intraday Trend | 1.5% |
| |
|
|