| NOVA latest price $37.0800 (14.13%) ($32.5000 - $37.1900) on Tue. Mar. 30, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.98% (three month average) |
RSI | 52 |
Latest Price | $37.0800(14.13%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NOVA advances 0.8% a day on average for past five trading days. |
Weekly Trend | NOVA declines -7.2% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support NOVA advance at 0% a week (0% probability) ICLN(79%) ACES(62%) TAN(61%) IWO(59%) IBUY(55%) |
Factors Impacting NOVA price | NOVA will decline at least -2.99% in a week (0% probabilities). VIXM(-25%) UUP(-9%) TBT(-9%) VXX(-5%) 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 | -2.99% (StdDev 5.98%) |
Hourly BBV | 2.1 () |
Intraday Trend | 13.3% |
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