| NOVA latest price $38.1000 (3.76%) ($35.6400 - $39.0800) on Fri. Jul. 30, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.17% (three month average) |
RSI | 49 |
Latest Price | $38.1000(3.76%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NOVA advances 1.9% a day on average for past five trading days. |
Weekly Trend | NOVA advances 0.8% 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(79%) ACES(60%) IWO(58%) TAN(58%) IBUY(55%) |
Factors Impacting NOVA price | NOVA will decline at least -2.085% in a week (0% probabilities). VIXM(-23%) UUP(-10%) TBT(-8%) VXX(-3%) 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 | -2.085% (StdDev 4.17%) |
Hourly BBV | 1 () |
Intraday Trend | 5.3% |
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