| IPO latest price $62.4400 (0.11%) ($60.2500 - $62.4429) on Wed. Dec. 2, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.2% (three month average) |
RSI | 82 |
Latest Price | $62.4400(0.11%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IPO advances 1.3% a day on average for past five trading days. |
Weekly Trend | IPO advances 6.3% a week on average for past two weeks. |
Market Behavior | Value 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%) IWO(78%) SKYY(77%) IWF(75%) |
Factors Impacting IPO price | IPO will decline at least -1.1% in a week (0% probabilities). VIXM(-39%) UUP(-22%) VXX(-14%) TBT(-9%) IGOV(1%) |
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 | -1.1% (StdDev 2.2%) |
Hourly BBV | 0 () |
Intraday Trend | 1.5% |
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