| IPO latest price $60.7100 (2.03%) ($58.5000 - $61.0400) on Wed. Dec. 8, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2% (three month average) |
RSI | 32 |
Latest Price | $60.7100(2.03%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IPO advances 0.7% a day on average for past five trading days. |
Weekly Trend | IPO declines -5.4% a week on average for past two weeks. |
Market Behavior | Growth stock 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(86%) ONLN(83%) IWO(80%) IWF(77%) QQQ(77%) |
Factors Impacting IPO price | IPO will decline at least -1% in a week (0% probabilities). VIXM(-41%) UUP(-21%) VXX(-11%) TBT(-8%) 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% (StdDev 2%) |
Hourly BBV | 1.1 () |
Intraday Trend | 1.8% |
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