| IQV latest price $201.7700 (1.17%) ($199.1600 - $202.4700) on Mon. May. 22, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.8% (three month average) |
RSI | 73 |
Latest Price | $201.7700(1.17%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | IQV advances 1.1% a day on average for past five trading days. |
Weekly Trend | IQV advances 2.5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support IQV advance at 0% a week (0% probability) IBB(64%) PAVE(58%) IWD(57%) SPY(57%) IVE(56%) |
Factors Impacting IQV price | IQV will decline at least -0.9% in a week (0% probabilities). VXX(-44%) VIXM(-42%) TBT(-34%) UUP(-21%) USO(-7%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.9% (StdDev 1.8%) |
Hourly BBV | 1.2 () |
Intraday Trend | 1.1% |
| |
|
|