| IPO latest price $27.7100 (4.06%) ($27.0000 - $27.8000) on Mon. Jan. 23, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.24% (three month average) |
RSI | 71 |
Latest Price | $27.7100(4.06%) |
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 advances 4.4% 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(76%) XLY(71%) ONLN(69%) VUG(68%) QQQ(67%) |
Factors Impacting IPO price | IPO will decline at least -1.62% in a week (0% probabilities). VIXM(-43%) UUP(-22%) VXX(-14%) TBT(-14%) SHY(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 | -1.62% (StdDev 3.24%) |
Hourly BBV | 1.4 () |
Intraday Trend | 2.4% |
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