| NVCR latest price $138.7200 (7.3%) ($129.5700 - $138.9300) on Fri. Oct. 9, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.05% (three month average) |
RSI | 90 |
Latest Price | $138.7200(7.3%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NVCR advances 4.2% a day on average for past five trading days. |
Weekly Trend | NVCR advances 10.2% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support NVCR advance at 0% a week (0% probability) IBB(44%) ARKK(42%) IBUY(41%) IPO(39%) IWO(39%) |
Factors Impacting NVCR price | NVCR will decline at least -1.525% in a week (0% probabilities). VIXM(-22%) UUP(-16%) VXX(-10%) TBT(-10%) IGOV(-9%) |
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 | -1.525% (StdDev 3.05%) |
Hourly BBV | 0 () |
Intraday Trend | 4.7% |
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