| IPO latest price $36.6900 (1.55%) ($36.4500 - $37.1200) on Thu. Dec. 14, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.72% (three month average) |
RSI | 83 |
Latest Price | $36.6900(1.55%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IPO advances 1.3% a day on average for past five trading days. |
Weekly Trend | IPO advances 2.7% 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) IWN(90%) IWM(88%) ICLN(81%) IVE(81%) OIH(76%) |
Factors Impacting IPO price | IPO will decline at least -0.86% in a week (0% probabilities). VIXM(-14%) UUP(-14%) EDOC(-8%) TBT(-4%) 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 | -0.86% (StdDev 1.72%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0.2% |
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