| IPO latest price $37.1500 (-1.8%) ($36.7500 - $37.9400) on Wed. Dec. 20, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.74% (three month average) |
RSI | 79 |
Latest Price | $37.1500(-1.8%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IPO advances 0.5% a day on average for past five trading days. |
Weekly Trend | IPO advances 4.2% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support IPO advance at 0% a week (0% probability) IWO(88%) IWN(92%) ARKG(91%) IFRA(91%) ARKK(89%) |
Factors Impacting IPO price | IPO will decline at least -0.87% in a week (0% probabilities). TBT(-35%) URA(-18%) UUP(-12%) VIXM(-5%) BNDX(15%) |
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 | -0.87% (StdDev 1.74%) |
Hourly BBV | -0.9 () |
Intraday Trend | -1.5% |
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