| IPO latest price $41.0900 (1.28%) ($40.1500 - $41.1099) on Thu. Jun. 25, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.35% (three month average) |
RSI | 66 |
Latest Price | $41.0900(1.28%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IPO advances 0.1% a day on average for past five trading days. |
Weekly Trend | IPO advances 4.2% 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(78%) IWO(76%) IWF(75%) |
Factors Impacting IPO price | IPO will decline at least -1.175% in a week (0% probabilities). VIXM(-38%) UUP(-22%) VXX(-14%) TBT(-10%) DRIV(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.175% (StdDev 2.35%) |
Hourly BBV | 0 () |
Intraday Trend | 1.4% |
| |
|
|