| IPO latest price $29.3300 (0.89%) ($28.9300 - $29.4000) on Wed. May. 10, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.95% (three month average) |
RSI | 58 |
Latest Price | $29.3300(0.89%) |
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 advances 1.4% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support IPO advance at 0% a week (0% probability) IBUY(71%) ONLN(66%) SKYY(66%) XLC(66%) VT(62%) |
Factors Impacting IPO price | IPO will decline at least -0.975% in a week (0% probabilities). VXX(-44%) VIXM(-40%) UUP(-28%) TBT(-27%) EDOC(-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 | -0.975% (StdDev 1.95%) |
Hourly BBV | 1.4 () |
Intraday Trend | 1% |
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