| IPO latest price $37.4600 (0.83%) ($37.0700 - $37.5200) on Thu. Dec. 21, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.71% (three month average) |
RSI | 78 |
Latest Price | $37.4600(0.83%) |
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 4.1% 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) IWN(96%) IFRA(93%) IVE(93%) IWO(91%) ARKG(90%) |
Factors Impacting IPO price | IPO will decline at least -0.855% in a week (0% probabilities). TBT(-32%) URA(-20%) UUP(-13%) EDOC(-13%) BNDX(15%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.855% (StdDev 1.71%) |
Hourly BBV | -0.2 () |
Intraday Trend | 0.5% |
| |
|
|