| IPO latest price $32.5600 (-4.12%) ($32.1900 - $32.8850) on Tue. Sep. 13, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.96% (three month average) |
RSI | 51 |
Latest Price | $32.5600(-4.12%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IPO advances 1.3% a day on average for past five trading days. |
Weekly Trend | IPO declines -0.3% 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(78%) ONLN(73%) QQQ(70%) IWF(69%) IWO(69%) |
Factors Impacting IPO price | IPO will decline at least -1.48% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.48% (StdDev 2.96%) |
Hourly BBV | -1.3 () |
Intraday Trend | 0.6% |
| |
|
|