| IPO latest price $32.7400 (0.83%) ($32.3100 - $32.8000) on Wed. Aug. 30, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.06% (three month average) |
RSI | 46 |
Latest Price | $32.7400(0.83%) |
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 declines -0.8% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support IPO advance at 0% a week (0% probability) ARKK(88%) IBUY(85%) IWO(82%) SKYY(81%) VFMO(80%) |
Factors Impacting IPO price | IPO will decline at least -1.03% in a week (0% probabilities). VXX(-54%) VIXM(-46%) TBT(-37%) UUP(-26%) GLD(-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 | -1.03% (StdDev 2.06%) |
Hourly BBV | 1.1 () |
Intraday Trend | 1.3% |
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