| IPO latest price $27.5600 (-0.05%) ($27.3800 - $27.9000) on Mon. Mar. 27, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.35% (three month average) |
RSI | 45 |
Latest Price | $27.5600(-0.05%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IPO advances 0.3% a day on average for past five trading days. |
Weekly Trend | IPO advances 1.3% a week on average for past two weeks. |
Market Behavior | Value stock 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(73%) ONLN(66%) XLY(65%) VT(63%) QQQ(62%) |
Factors Impacting IPO price | IPO will decline at least -1.175% in a week (0% probabilities). VXX(-45%) VIXM(-42%) UUP(-24%) TBT(-19%) IGOV(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.175% (StdDev 2.35%) |
Hourly BBV | 0.1 () |
Intraday Trend | -0.7% |
| |
|
|