| NVTA latest price $30.9600 (-7.19%) ($30.5100 - $32.6900) on Thu. Aug. 6, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.96% (three month average) |
RSI | 46 |
Latest Price | $30.9600(-7.19%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NVTA advances 0.9% a day on average for past five trading days. |
Weekly Trend | NVTA declines -0.3% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal 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 -3.48% in a week (0% probabilities). VIXM(-33%) VXX(-32%) UUP(-16%) TBT(-8%) EDOC(-7%) |
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 | -3.48% (StdDev 6.96%) |
Hourly BBV | 0 () |
Intraday Trend | -4.9% |
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