| IPO latest price $29.0300 (-4.44%) ($28.8000 - $30.4480) on Wed. May. 18, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.01% (three month average) |
RSI | 30 |
Latest Price | $29.0300(-4.44%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IPO advances 0.8% a day on average for past five trading days. |
Weekly Trend | IPO declines -9.5% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support IPO advance at 0% a week (0% probability) IBUY(83%) ONLN(79%) IWO(76%) QQQ(75%) IWF(74%) |
Factors Impacting IPO price | IPO will decline at least -2.005% in a week (0% probabilities). VIXM(-29%) UUP(-20%) TBT(-9%) VXX(-6%) UNG(4%) |
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 | -2.005% (StdDev 4.01%) |
Hourly BBV | -2 () |
Intraday Trend | -2.6% |
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