| IPO latest price $31.3300 (1.42%) ($30.8400 - $31.5700) on Tue. Jun. 6, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.99% (three month average) |
RSI | 63 |
Latest Price | $31.3300(1.42%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IPO advances 1.2% 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(71%) SKYY(69%) XLC(68%) QQQ(67%) ONLN(66%) |
Factors Impacting IPO price | IPO will decline at least -0.995% in a week (0% probabilities). VXX(-45%) VIXM(-40%) TBT(-33%) UUP(-31%) BLOK(-1%) |
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 | -0.995% (StdDev 1.99%) |
Hourly BBV | 1.7 () |
Intraday Trend | 1.6% |
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