| NOVA latest price $11.9300 (9.45%) ($10.2100 - $12.4900) on Wed. Mar. 25, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.37% (three month average) |
RSI | 37 |
Latest Price | $11.9300(9.45%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NOVA advances 10.8% a day on average for past five trading days. |
Weekly Trend | NOVA declines -25.7% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support NOVA advance at 0% a week (0% probability) ICLN(74%) ACES(65%) TAN(64%) IWO(57%) IBUY(53%) |
Factors Impacting NOVA price | NOVA will decline at least -4.185% in a week (0% probabilities). VIXM(-30%) UUP(-12%) VXX(-11%) TBT(-7%) UNG(-2%) |
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 | -4.185% (StdDev 8.37%) |
Hourly BBV | 0 () |
Intraday Trend | 6.8% |
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