| NOVA latest price $22.6800 (-1.78%) ($22.2300 - $23.9200) on Thu. Dec. 15, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.11% (three month average) |
RSI | 46 |
Latest Price | $22.6800(-1.78%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NOVA advances 2.2% a day on average for past five trading days. |
Weekly Trend | NOVA declines -1% 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(74%) IWM(57%) IWO(57%) IBUY(54%) IWN(54%) |
Factors Impacting NOVA price | NOVA will decline at least -2.555% in a week (0% probabilities). XLU(-12%) URA(-12%) XLP(-11%) TBT(-11%) XAR(-10%) |
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 | -2.555% (StdDev 5.11%) |
Hourly BBV | -0.2 () |
Intraday Trend | -1.8% |
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