| IPO latest price $64.1800 (2.79%) ($63.1700 - $64.4000) on Thu. Dec. 3, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.08% (three month average) |
RSI | 83 |
Latest Price | $64.1800(2.79%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IPO advances 1.2% a day on average for past five trading days. |
Weekly Trend | IPO advances 6.5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth 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 -1.04% 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 | -1.04% (StdDev 2.08%) |
Hourly BBV | 0 () |
Intraday Trend | 1.6% |
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