November 12, 2025
Why IPOs Matter — and How to Trade Them
IPO levels are some of the most psychologically important price markers in the market. Institutions, underwriters, and retail traders alike pay close attention to whether a new stock is holding its IPO price or breaking out to new highs. These new filters and scans give you a structured way to track that activity across the market.
To help you track and trade recent IPOs more effectively, I recently rolled out a series of updates to SwingTradeBot’s suite of IPO tools. (Note that all the IPO Price related things are only for the US Markets… I don’t have access to IPO Prices for Canada & Australia)
The IPO Price: A Critical Anchor
- Above the IPO Price: Institutions that bought at the offering are sitting on gains, and new buyers may see this as a sign of strength.
- Below the IPO Price: Those same institutions may be underwater, which often creates additional selling pressure.
Because of this, the IPO price often acts as a powerful psychological anchor for the stock’s first year of trading. Watching how a stock behaves relative to its IPO price can provide clues about whether demand is building or fading.
What’s New on the Recent IPOs Page
- IPO Price: You’ll now see the original IPO price alongside each stock. Note that this will only appear for actual IPOs… an IPO price doesn’t exist for direct listing & spin-offs, which also appear on the “Recent IPOs” page. (It’s technically a “New Listings” page.)
- % From IPO Price: How far the stock currently trades above or below its IPO Price.
- Sort by either of the above columns: to help you quickly spot outliers.
- Price & Volume Filters: The page now includes minimum price and minimum volume filters. These default to your preferred EOD scan settings, but you can adjust them anytime on the page.
4 Brand-New IPO Scans

I’ve actually contemplated adding a “Chinese” flag to the these stocks and a filter for scan results to hide them. But I think the IPO Price filter will work better over the long term, unless they start to list these things at higher prices. Just be careful out there!
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