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IPO
ETF ticker: NYSE ARCA
AS OF
Jan 17 closing price
Price
$45.97
Change
+$0.55 (+1.21%)
Net Assets
160.99M

IPO stock forecast, quote, news & analysis

Category: @Mid-Cap Growth
IPO
Daily Signalchanged days ago
Gain/Loss if bought
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A.I.Advisor
published price charts
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A.I.Advisor
a Summary for IPO with price predictions
Jan 08, 2025

IPO's RSI Oscillator ascending out of oversold territory

The RSI Indicator for IPO moved out of oversold territory on December 20, 2024. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 28 similar instances when the indicator left oversold territory. In of the 28 cases the stock moved higher. This puts the odds of a move higher at .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on January 03, 2025. You may want to consider a long position or call options on IPO as a result. In of 72 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for IPO just turned positive on January 06, 2025. Looking at past instances where IPO's MACD turned positive, the stock continued to rise in of 53 cases over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where IPO advanced for three days, in of 377 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 66 cases where IPO's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

IPO moved below its 50-day moving average on January 07, 2025 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for IPO crossed bearishly below the 50-day moving average on December 24, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 13 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where IPO declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are SentinelOne (NYSE:S).

Industry description

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Renaissance IPO Index (the "index"). The fund seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the index. It normally invests at least 80% of its total assets in securities that comprise the index. The index is a portfolio of companies that have recently completed an initial public offering ("IPO") and are listed on a U.S. exchange. The fund is non-diversified.

Market Cap

The average market capitalization across the Renaissance IPO ETF ETF is 14.77B. The market cap for tickers in the group ranges from 2B to 156.87B. ARM holds the highest valuation in this group at 156.87B. The lowest valued company is YOU at 2B.

High and low price notable news

The average weekly price growth across all stocks in the Renaissance IPO ETF ETF was 4%. For the same ETF, the average monthly price growth was 5%, and the average quarterly price growth was 12%. AGL experienced the highest price growth at 27%, while FLNC experienced the biggest fall at -10%.

Volume

The average weekly volume growth across all stocks in the Renaissance IPO ETF ETF was 24%. For the same stocks of the ETF, the average monthly volume growth was -31% and the average quarterly volume growth was 37%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 67
P/E Growth Rating: 73
Price Growth Rating: 48
SMR Rating: 74
Profit Risk Rating: 94
Seasonality Score: 3 (-100 ... +100)
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IPO
Daily Signalchanged days ago
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A.I. Advisor
published General Information

General Information

Category MidCapGrowth

Profile
Fundamentals
Details
Category
Mid-Cap Growth
Address
Renaissance Capital Greenwich FundsTwo Greenwich PlazaGreenwich
Phone
203-622-2978
Web
www.renaissancecapital.com