| NOVA latest price $18.0300 (1.35%) ($17.2600 - $18.0900) on Fri. Feb. 17, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.27% (three month average) |
RSI | 47 |
Latest Price | $18.0300(1.35%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NOVA advances 1.2% a day on average for past five trading days. |
Weekly Trend | NOVA declines -4.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support NOVA advance at 0% a week (0% probability) TAN(78%) ICLN(73%) IWM(56%) IWO(55%) IWN(54%) |
Factors Impacting NOVA price | NOVA will decline at least -2.135% in a week (0% probabilities). VIXM(-44%) TBT(-23%) UUP(-16%) VXX(-10%) GLD(-5%) |
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 | -2.135% (StdDev 4.27%) |
Hourly BBV | -0.4 () |
Intraday Trend | 2.4% |
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