| IPO latest price $33.9600 (1.98%) ($33.4200 - $33.9800) on Mon. Sep. 12, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.06% (three month average) |
RSI | 58 |
Latest Price | $33.9600(1.98%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IPO advances 1.7% a day on average for past five trading days. |
Weekly Trend | IPO declines -1.1% a week on average for past two weeks. |
Market Behavior | Broad based 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(78%) ONLN(73%) QQQ(70%) IWF(69%) IWO(69%) |
Factors Impacting IPO price | IPO will decline at least -1.53% in a week (0% probabilities). UUP(-18%) TBT(-16%) VIXM(-15%) VXX(-4%) UNG(6%) |
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 | -1.53% (StdDev 3.06%) |
Hourly BBV | 1.3 () |
Intraday Trend | 1.3% |
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