| NOVA latest price $14.0900 (0.43%) ($13.5900 - $14.2600) on Tue. Sep. 5, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.09% (three month average) |
RSI | 42 |
Latest Price | $14.0900(0.43%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NOVA advances 1.8% a day on average for past five trading days. |
Weekly Trend | NOVA advances 1.3% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support NOVA advance at 0% a week (0% probability) SMH(95%) TAN(80%) ICLN(75%) ACES(70%) XLRE(68%) |
Factors Impacting NOVA price | NOVA will decline at least -2.045% in a week (0% probabilities). VIXM(-52%) TBT(-40%) VXX(-39%) USO(-13%) UUP(-6%) |
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 | -2.045% (StdDev 4.09%) |
Hourly BBV | -0 () |
Intraday Trend | 1.6% |
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