| NVCR latest price $130.2200 (2.56%) ($122.0000 - $130.4300) on Wed. Dec. 2, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.76% (three month average) |
RSI | 58 |
Latest Price | $130.2200(2.56%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NVCR advances 1.8% a day on average for past five trading days. |
Weekly Trend | NVCR advances 1.1% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support NVCR advance at 0% a week (0% probability) IBB(44%) ARKK(41%) IBUY(41%) IWO(40%) IPO(39%) |
Factors Impacting NVCR price | NVCR will decline at least -1.88% in a week (0% probabilities). VIXM(-22%) UUP(-16%) TBT(-10%) VXX(-9%) IGOV(-0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.88% (StdDev 3.76%) |
Hourly BBV | 0 () |
Intraday Trend | 2.8% |
| |
|
|