| IPO latest price $30.3100 (1.3%) ($29.6200 - $30.3800) on Tue. May. 23, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.67% (three month average) |
RSI | 78 |
Latest Price | $30.3100(1.3%) |
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 3% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support IPO advance at 0% a week (0% probability) IBUY(71%) XLC(67%) ONLN(66%) SKYY(66%) VT(65%) |
Factors Impacting IPO price | IPO will decline at least -0.835% in a week (0% probabilities). VXX(-46%) VIXM(-41%) TBT(-32%) UUP(-29%) BLOK(2%) |
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 | -0.835% (StdDev 1.67%) |
Hourly BBV | -0.5 () |
Intraday Trend | 2% |
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