| NOVA latest price $11.5300 (-8.49%) ($11.1800 - $12.5900) on Fri. May. 1, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 9.55% (three month average) |
RSI | 54 |
Latest Price | $11.5300(-8.49%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NOVA advances 0.4% a day on average for past five trading days. |
Weekly Trend | NOVA advances 4.7% 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(76%) ACES(65%) TAN(65%) IWO(59%) IBUY(54%) |
Factors Impacting NOVA price | NOVA will decline at least -4.775% in a week (0% probabilities). VIXM(-28%) UUP(-12%) VXX(-9%) TBT(-6%) UNG(-3%) |
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 | -4.775% (StdDev 9.55%) |
Hourly BBV | 0 () |
Intraday Trend | -6.3% |
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