| IQV latest price $160.5400 (-0.31%) ($159.0100 - $161.0400) on Fri. Aug. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.88% (three month average) |
RSI | 60 |
Latest Price | $160.5400(-0.31%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | IQV advances 0.3% a day on average for past five trading days. |
Weekly Trend | IQV advances 0.5% 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 IQV advance at 0% a week (0% probability) SPY(70%) IVW(68%) IWF(67%) IWD(65%) DIA(64%) |
Factors Impacting IQV price | IQV will decline at least -0.94% in a week (0% probabilities). VIXM(-40%) UUP(-28%) VXX(-14%) TBT(-6%) IGOV(-2%) |
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 | -0.94% (StdDev 1.88%) |
Hourly BBV | -0.7 () |
Intraday Trend | 0.4% |
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