| NOVA latest price $17.8600 (-7.51%) ($17.5600 - $19.0600) on Fri. Feb. 21, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.17% (three month average) |
RSI | 81 |
Latest Price | $17.8600(-7.51%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NOVA advances 2.2% a day on average for past five trading days. |
Weekly Trend | NOVA advances 12.8% 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(74%) ACES(65%) TAN(65%) IWO(57%) IBUY(54%) |
Factors Impacting NOVA price | NOVA will decline at least -1.585% 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 | -1.585% (StdDev 3.17%) |
Hourly BBV | 0 () |
Intraday Trend | -6.2% |
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