| NOVA latest price $19.0400 (1.55%) ($18.5700 - $19.2200) on Tue. Jun. 27, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.5% (three month average) |
RSI | 60 |
Latest Price | $19.0400(1.55%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NOVA advances 0.9% a day on average for past five trading days. |
Weekly Trend | NOVA advances 2.1% a week on average for past two weeks. |
Market Behavior | Broad based 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(79%) ICLN(76%) ACES(70%) IWM(61%) IWN(60%) |
Factors Impacting NOVA price | NOVA will decline at least -2.25% in a week (0% probabilities). VIXM(-51%) VXX(-46%) TBT(-42%) 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 | -2.25% (StdDev 4.5%) |
Hourly BBV | 0.8 () |
Intraday Trend | 0.6% |
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