| NOVA latest price $10.6300 (3.91%) ($10.2500 - $10.6800) on Thu. Oct. 17, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.7% (three month average) |
RSI | 45 |
Latest Price | $10.6300(3.91%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NOVA advances 1.3% a day on average for past five trading days. |
Weekly Trend | NOVA declines -0.1% 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 NOVA advance at 0% a week (0% probability) ICLN(73%) ACES(65%) TAN(64%) IWO(57%) IBUY(53%) |
Factors Impacting NOVA price | NOVA will decline at least -1.85% 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 | -1.85% (StdDev 3.7%) |
Hourly BBV | 0 () |
Intraday Trend | 3.7% |
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