| NOVA latest price $16.1100 (1.64%) ($15.4400 - $16.4200) on Mon. May. 15, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.18% (three month average) |
RSI | 42 |
Latest Price | $16.1100(1.64%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NOVA advances 0.8% 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 | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support NOVA advance at 0% a week (0% probability) TAN(77%) ICLN(72%) IWM(53%) XLRE(53%) IWN(51%) |
Factors Impacting NOVA price | NOVA will decline at least -2.59% in a week (0% probabilities). VIXM(-48%) VXX(-42%) TBT(-40%) UUP(-26%) USO(-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 | -2.59% (StdDev 5.18%) |
Hourly BBV | 1.1 () |
Intraday Trend | 2.5% |
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