| IPO latest price $36.0600 (1.18%) ($35.4550 - $36.0850) on Fri. Jul. 28, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.08% (three month average) |
RSI | 67 |
Latest Price | $36.0600(1.18%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IPO advances 0.7% a day on average for past five trading days. |
Weekly Trend | IPO advances 1.2% 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) ARKK(86%) IBUY(85%) SKYY(81%) IWO(80%) BOTZ(79%) |
Factors Impacting IPO price | IPO will decline at least -1.04% in a week (0% probabilities). VXX(-52%) VIXM(-46%) TBT(-34%) UUP(-27%) USO(6%) |
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 | -1.04% (StdDev 2.08%) |
Hourly BBV | 1.6 () |
Intraday Trend | 1.7% |
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