| IPO latest price $25.3800 (8.51%) ($24.4600 - $25.4530) on Tue. Mar. 24, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.53% (three month average) |
RSI | 35 |
Latest Price | $25.3800(8.51%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IPO advances 2% a day on average for past five trading days. |
Weekly Trend | IPO declines -11.9% 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) IBUY(85%) ONLN(81%) SKYY(79%) ARKK(76%) IWO(76%) |
Factors Impacting IPO price | IPO will decline at least -1.765% in a week (0% probabilities). VIXM(-42%) VXX(-18%) UUP(-18%) TBT(-5%) IGOV(3%) |
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 | -1.765% (StdDev 3.53%) |
Hourly BBV | 0 () |
Intraday Trend | 3.8% |
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