| NOVA latest price $16.2100 (1.31%) ($15.4900 - $16.2800) on Fri. Feb. 14, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.61% (three month average) |
RSI | 89 |
Latest Price | $16.2100(1.31%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NOVA advances 2.7% a day on average for past five trading days. |
Weekly Trend | NOVA advances 8% a week on average for past two weeks. |
Market Behavior | Growth stock rally 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(74%) ACES(65%) TAN(65%) IWO(57%) IBUY(54%) |
Factors Impacting NOVA price | NOVA will decline at least -1.305% 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 | -1.305% (StdDev 2.61%) |
Hourly BBV | 0 () |
Intraday Trend | 1.2% |
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