| IPO latest price $34.6500 (1.17%) ($34.4900 - $35.0000) on Mon. Dec. 4, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.68% (three month average) |
RSI | 74 |
Latest Price | $34.6500(1.17%) |
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 2.3% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support IPO advance at 0% a week (0% probability) TAN(88%) IWN(82%) IWM(79%) ARKG(78%) ARKK(78%) |
Factors Impacting IPO price | IPO will decline at least -0.84% in a week (0% probabilities). UUP(-17%) URA(-16%) TBT(-13%) VIXM(-9%) VXX(1%) |
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 | 0.6 () |
Intraday Trend | -0.3% |
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