| IPO latest price $32.3600 (4.15%) ($31.6900 - $32.5700) on Thu. May. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.96% (three month average) |
RSI | 67 |
Latest Price | $32.3600(4.15%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IPO advances 1% a day on average for past five trading days. |
Weekly Trend | IPO advances 2.2% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support IPO advance at 0% a week (0% probability) IBUY(85%) ONLN(81%) SKYY(78%) IWF(75%) IWO(75%) |
Factors Impacting IPO price | IPO will decline at least -1.98% in a week (0% probabilities). VIXM(-39%) UUP(-23%) VXX(-16%) TBT(-8%) UNG(2%) |
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 | -1.98% (StdDev 3.96%) |
Hourly BBV | 0 () |
Intraday Trend | 2.1% |
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