| NOVA latest price $10.7600 (1.89%) ($10.5525 - $11.2200) on Tue. Sep. 3, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.17% (three month average) |
RSI | 40 |
Latest Price | $10.7600(1.89%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NOVA advances 4.3% a day on average for past five trading days. |
Weekly Trend | NOVA declines -5.1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support NOVA advance at 0% a week (0% probability) ICLN(72%) ACES(64%) TAN(64%) IWO(56%) IBUY(53%) |
Factors Impacting NOVA price | NOVA will decline at least -2.085% in a week (0% probabilities). VIXM(-31%) VXX(-13%) UUP(-11%) TBT(-6%) IGOV(-5%) |
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 | -2.085% (StdDev 4.17%) |
Hourly BBV | 0 () |
Intraday Trend | 1.8% |
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