| IMVT latest price $32.5900 (1.37%) ($31.2000 - $32.6200) on Fri. Aug. 21, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.02% (three month average) |
RSI | 86 |
Latest Price | $32.5900(1.37%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | IMVT advances 3.6% a day on average for past five trading days. |
Weekly Trend | IMVT advances 10.1% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support IMVT advance at 0% a week (0% probability) XBI(41%) IBB(36%) ARKG(35%) IWO(35%) ARKK(31%) |
Factors Impacting IMVT price | IMVT will decline at least -2.01% in a week (0% probabilities). VXX(-22%) VIXM(-20%) UUP(-6%) UNG(-5%) XLC(-4%) |
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 | -2.01% (StdDev 4.02%) |
Hourly BBV | 0 () |
Intraday Trend | 1.7% |
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