| NVCR latest price $84.3400 (4.11%) ($80.8000 - $85.2800) on Fri. Jan. 10, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.85% (three month average) |
RSI | 49 |
Latest Price | $84.3400(4.11%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NVCR advances 2.4% a day on average for past five trading days. |
Weekly Trend | NVCR declines -4% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support NVCR advance at 0% a week (0% probability) IBB(46%) ARKK(44%) IBUY(43%) IWO(42%) IPO(41%) |
Factors Impacting NVCR price | NVCR will decline at least -1.425% in a week (0% probabilities). VIXM(-25%) VXX(-13%) UUP(-11%) TBT(-3%) IGOV(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.425% (StdDev 2.85%) |
Hourly BBV | 0 () |
Intraday Trend | 3.8% |
| |
|
|