| IPO latest price $34.5100 (1.05%) ($33.9100 - $34.6000) on Thu. Dec. 7, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.69% (three month average) |
RSI | 71 |
Latest Price | $34.5100(1.05%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IPO advances 0.4% a day on average for past five trading days. |
Weekly Trend | IPO advances 2.1% 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) IWN(81%) ARKK(79%) IWM(79%) ARKG(78%) IWO(78%) |
Factors Impacting IPO price | IPO will decline at least -0.845% in a week (0% probabilities). URA(-17%) UUP(-16%) TBT(-14%) VIXM(-5%) VXX(5%) |
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 | -0.845% (StdDev 1.69%) |
Hourly BBV | 0.1 () |
Intraday Trend | 1.2% |
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