| NOVA latest price $40.8200 (10.09%) ($38.5300 - $41.9100) on Wed. Mar. 31, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.12% (three month average) |
RSI | 46 |
Latest Price | $40.8200(10.09%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NOVA advances 4% a day on average for past five trading days. |
Weekly Trend | NOVA declines -5% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Growth stock 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 -3.06% in a week (0% probabilities). VIXM(-25%) UUP(-9%) TBT(-9%) VXX(-5%) IGOV(-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 | -3.06% (StdDev 6.12%) |
Hourly BBV | 1.4 () |
Intraday Trend | 5.1% |
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