| IPO latest price $31.9450 (1.06%) ($31.6080 - $32.1100) on Tue. Jun. 13, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.89% (three month average) |
RSI | 58 |
Latest Price | $31.9450(1.06%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IPO advances 0.4% a day on average for past five trading days. |
Weekly Trend | IPO advances 3.2% a week on average for past two weeks. |
Market Behavior | Broad based 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(76%) SKYY(75%) VT(72%) XLY(71%) IVE(70%) |
Factors Impacting IPO price | IPO will decline at least -0.945% in a week (0% probabilities). VXX(-47%) VIXM(-42%) TBT(-33%) UUP(-27%) 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 | -0.945% (StdDev 1.89%) |
Hourly BBV | 1.5 () |
Intraday Trend | -0.3% |
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