| NOVA latest price $15.8300 (-1.92%) ($15.5300 - $16.1500) on Wed. Apr. 19, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.65% (three month average) |
RSI | 66 |
Latest Price | $15.8300(-1.92%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NOVA advances 0.3% a day on average for past five trading days. |
Weekly Trend | NOVA advances 3.9% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support NOVA advance at 0% a week (0% probability) TAN(76%) ICLN(70%) IWM(54%) IWN(52%) IWO(52%) |
Factors Impacting NOVA price | NOVA will decline at least -2.325% in a week (0% probabilities). VIXM(-44%) VXX(-41%) TBT(-31%) UUP(-22%) BNDX(-0%) |
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 | -2.325% (StdDev 4.65%) |
Hourly BBV | -0.8 () |
Intraday Trend | -1.5% |
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