| IMVT latest price $36.3600 (-3.37%) ($36.2510 - $38.4550) on Fri. Oct. 2, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.81% (three month average) |
RSI | 43 |
Latest Price | $36.3600(-3.37%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | IMVT advances 0.4% a day on average for past five trading days. |
Weekly Trend | IMVT declines -2.5% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Rotation from growth to value for small cap. |
Correlated ETFs | Broad market will support IMVT advance at 0% a week (0% probability) XBI(42%) IBB(37%) IWO(35%) ARKG(34%) ARKK(31%) |
Factors Impacting IMVT price | IMVT will decline at least -1.905% in a week (0% probabilities). VXX(-22%) VIXM(-22%) UUP(-7%) UNG(-4%) EDOC(-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 | -1.905% (StdDev 3.81%) |
Hourly BBV | 0 () |
Intraday Trend | -4.5% |
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