| NVTA latest price $33.3600 (0.76%) ($30.2400 - $33.4900) on Wed. Aug. 5, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.9% (three month average) |
RSI | 49 |
Latest Price | $33.3600(0.76%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NVTA advances 2.7% a day on average for past five trading days. |
Weekly Trend | NVTA declines -1.5% a week on average for past two weeks. |
Market Behavior | Broad based 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 -3.45% 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 | -3.45% (StdDev 6.9%) |
Hourly BBV | 0 () |
Intraday Trend | 10.2% |
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