| NOVA latest price $16.0000 (-1.72%) ($15.7560 - $16.9700) on Thu. Feb. 13, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.73% (three month average) |
RSI | 82 |
Latest Price | $16.0000(-1.72%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NOVA advances 2.4% a day on average for past five trading days. |
Weekly Trend | NOVA advances 6.9% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support NOVA advance at 0% a week (0% probability) ICLN(74%) ACES(65%) TAN(65%) IWO(57%) IBUY(54%) |
Factors Impacting NOVA price | NOVA will decline at least -1.365% in a week (0% probabilities). VIXM(-32%) VXX(-13%) UUP(-12%) TBT(-6%) UNG(-1%) |
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 | -1.365% (StdDev 2.73%) |
Hourly BBV | 0 () |
Intraday Trend | -2.5% |
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