| IPO latest price $30.4800 (2.56%) ($30.0840 - $31.0500) on Thu. Oct. 6, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.69% (three month average) |
RSI | 44 |
Latest Price | $30.4800(2.56%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IPO advances 1.4% a day on average for past five trading days. |
Weekly Trend | IPO declines -0.8% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support IPO advance at 0% a week (0% probability) IBUY(77%) ONLN(72%) QQQ(70%) IWF(68%) IWO(67%) |
Factors Impacting IPO price | IPO will decline at least -1.345% in a week (0% probabilities). UUP(-15%) TBT(-14%) VIXM(-13%) VXX(-4%) UNG(3%) |
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 | -1.345% (StdDev 2.69%) |
Hourly BBV | 0.6 () |
Intraday Trend | 0.3% |
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