| NOVA latest price $10.7200 (1.13%) ($10.4823 - $10.8000) on Fri. Nov. 15, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.79% (three month average) |
RSI | 48 |
Latest Price | $10.7200(1.13%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NOVA advances 2.1% a day on average for past five trading days. |
Weekly Trend | NOVA declines -2.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support NOVA advance at 0% a week (0% probability) ICLN(73%) ACES(65%) TAN(65%) IWO(57%) IBUY(54%) |
Factors Impacting NOVA price | NOVA will decline at least -1.895% 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 | -1.895% (StdDev 3.79%) |
Hourly BBV | 0 () |
Intraday Trend | 0.5% |
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