| NOVA latest price $16.2300 (4.11%) ($15.6600 - $16.9500) on Tue. May. 23, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.32% (three month average) |
RSI | 49 |
Latest Price | $16.2300(4.11%) |
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 -0.4% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support NOVA advance at 0% a week (0% probability) TAN(78%) ICLN(74%) IWM(53%) XLRE(53%) IWD(51%) |
Factors Impacting NOVA price | NOVA will decline at least -2.66% in a week (0% probabilities). VIXM(-47%) VXX(-42%) TBT(-39%) UUP(-26%) USO(1%) |
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 | -2.66% (StdDev 5.32%) |
Hourly BBV | 0.9 () |
Intraday Trend | 1.9% |
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