| NOVA latest price $14.3900 (3.38%) ($14.3800 - $15.3000) on Thu. Mar. 30, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.93% (three month average) |
RSI | 41 |
Latest Price | $14.3900(3.38%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NOVA advances 1.8% a day on average for past five trading days. |
Weekly Trend | NOVA declines -7.6% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support NOVA advance at 0% a week (0% probability) TAN(77%) ICLN(71%) IWM(56%) IWO(55%) IWD(54%) |
Factors Impacting NOVA price | NOVA will decline at least -2.465% in a week (0% probabilities). VIXM(-44%) VXX(-43%) EDOC(-29%) TBT(-26%) UUP(-17%) |
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 | -2.465% (StdDev 4.93%) |
Hourly BBV | 1 () |
Intraday Trend | -0.1% |
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