| NVTA latest price $32.0700 (9.83%) ($29.7800 - $32.4900) on Mon. Aug. 3, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.91% (three month average) |
RSI | 49 |
Latest Price | $32.0700(9.83%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NVTA advances 0.3% a day on average for past five trading days. |
Weekly Trend | NVTA declines -5% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support NVTA advance at 0% a week (0% probability) ARKG(84%) ARKK(84%) IPO(73%) XBI(71%) SKYY(68%) |
Factors Impacting NVTA price | NVTA will decline at least -3.455% in a week (0% probabilities). VIXM(-33%) VXX(-32%) UUP(-17%) TBT(-8%) IYT(-3%) |
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 | -3.455% (StdDev 6.91%) |
Hourly BBV | 0 () |
Intraday Trend | 6.9% |
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