| IPO latest price $30.4000 (-2.66%) ($30.3800 - $31.2500) on Thu. Feb. 16, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.08% (three month average) |
RSI | 57 |
Latest Price | $30.4000(-2.66%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IPO advances 1% a day on average for past five trading days. |
Weekly Trend | IPO advances 0.6% 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(74%) XLY(67%) ONLN(66%) QQQ(64%) VUG(64%) |
Factors Impacting IPO price | IPO will decline at least -1.54% in a week (0% probabilities). VIXM(-43%) UUP(-21%) TBT(-16%) VXX(-15%) IGOV(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.54% (StdDev 3.08%) |
Hourly BBV | 0.4 () |
Intraday Trend | -0.6% |
| |
|
|