| IPO latest price $34.9600 (-1.66%) ($34.8250 - $35.6100) on Fri. Jul. 14, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.92% (three month average) |
RSI | 73 |
Latest Price | $34.9600(-1.66%) |
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 4.2% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support IPO advance at 0% a week (0% probability) ARKK(81%) IBUY(81%) SKYY(77%) BOTZ(76%) IWO(76%) |
Factors Impacting IPO price | IPO will decline at least -0.96% in a week (0% probabilities). VXX(-50%) VIXM(-43%) TBT(-35%) UUP(-27%) EDOC(8%) |
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 | -0.96% (StdDev 1.92%) |
Hourly BBV | -0.1 () |
Intraday Trend | -1.6% |
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