| IPO latest price $34.2100 (1.51%) ($33.8700 - $34.3650) on Wed. Nov. 29, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.68% (three month average) |
RSI | 72 |
Latest Price | $34.2100(1.51%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IPO advances 0.8% a day on average for past five trading days. |
Weekly Trend | IPO advances 2.8% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support IPO advance at 0% a week (0% probability) TAN(84%) ARKK(81%) ARKG(80%) SMH(80%) IWN(79%) |
Factors Impacting IPO price | IPO will decline at least -0.84% in a week (0% probabilities). EDOC(-57%) UUP(-16%) TBT(-16%) GLD(-8%) URA(-4%) |
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 | -0.84% (StdDev 1.68%) |
Hourly BBV | 0.8 () |
Intraday Trend | 1% |
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