| IPO latest price $33.0200 (1.38%) ($32.8600 - $33.2800) on Fri. Sep. 1, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.01% (three month average) |
RSI | 52 |
Latest Price | $33.0200(1.38%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IPO advances 1.1% 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 | 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) ARKK(88%) IBUY(85%) IWO(82%) SKYY(81%) IWM(80%) |
Factors Impacting IPO price | IPO will decline at least -1.005% in a week (0% probabilities). VXX(-54%) VIXM(-46%) TBT(-37%) UUP(-27%) 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 | -1.005% (StdDev 2.01%) |
Hourly BBV | 1.3 () |
Intraday Trend | -0.1% |
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