| IPO latest price $35.8800 (1.41%) ($34.7800 - $36.2130) on Fri. Aug. 5, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.81% (three month average) |
RSI | 70 |
Latest Price | $35.8800(1.41%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IPO advances 1.9% a day on average for past five trading days. |
Weekly Trend | IPO advances 3.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support IPO advance at 0% a week (0% probability) IBUY(78%) ONLN(74%) IWO(70%) QQQ(70%) IWF(69%) |
Factors Impacting IPO price | IPO will decline at least -1.905% in a week (0% probabilities). UUP(-20%) VIXM(-18%) TBT(-16%) VXX(-4%) EDOC(-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 | -1.905% (StdDev 3.81%) |
Hourly BBV | 1.2 () |
Intraday Trend | 3.2% |
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