| IMVT latest price $47.0400 (-4.64%) ($46.3400 - $49.9700) on Tue. Nov. 10, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.69% (three month average) |
RSI | 78 |
Latest Price | $47.0400(-4.64%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | IMVT advances 0.9% a day on average for past five trading days. |
Weekly Trend | IMVT advances 8.3% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support IMVT advance at 0% a week (0% probability) XBI(40%) IBB(36%) IWO(33%) ARKG(32%) ARKK(30%) |
Factors Impacting IMVT price | IMVT will decline at least -1.845% in a week (0% probabilities). VXX(-21%) VIXM(-21%) UUP(-6%) UNG(-6%) EDOC(-6%) |
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 | -1.845% (StdDev 3.69%) |
Hourly BBV | 0 () |
Intraday Trend | -4.9% |
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