| NVTA latest price $30.4800 (0.63%) ($28.7200 - $31.7500) on Wed. Jul. 1, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.2% (three month average) |
RSI | 90 |
Latest Price | $30.4800(0.63%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NVTA advances 2.1% a day on average for past five trading days. |
Weekly Trend | NVTA advances 28.9% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support NVTA advance at 0% a week (0% probability) ARKG(81%) ARKK(79%) XBI(68%) IPO(67%) SKYY(64%) |
Factors Impacting NVTA price | NVTA will decline at least -3.6% in a week (0% probabilities). VIXM(-33%) VXX(-32%) UUP(-18%) TBT(-6%) UNG(-2%) |
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 | -3.6% (StdDev 7.2%) |
Hourly BBV | 0 () |
Intraday Trend | 3% |
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