| NOVA latest price $13.9000 (5.86%) ($12.3000 - $14.1400) on Thu. May. 14, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 9.76% (three month average) |
RSI | 65 |
Latest Price | $13.9000(5.86%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NOVA advances 1.8% a day on average for past five trading days. |
Weekly Trend | NOVA advances 5.7% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support NOVA advance at 0% a week (0% probability) ICLN(76%) ACES(64%) TAN(64%) IWO(58%) IBUY(54%) |
Factors Impacting NOVA price | NOVA will decline at least -4.88% in a week (0% probabilities). VIXM(-27%) UUP(-13%) VXX(-8%) 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 | -4.88% (StdDev 9.76%) |
Hourly BBV | 0 () |
Intraday Trend | 11.5% |
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