| NVTA latest price $42.7100 (4.81%) ($38.8800 - $43.5400) on Thu. Sep. 24, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.29% (three month average) |
RSI | 67 |
Latest Price | $42.7100(4.81%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NVTA advances 1.8% a day on average for past five trading days. |
Weekly Trend | NVTA advances 13% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support NVTA advance at 0% a week (0% probability) ARKG(84%) ARKK(83%) IPO(73%) XBI(72%) IBUY(68%) |
Factors Impacting NVTA price | NVTA will decline at least -2.145% in a week (0% probabilities). VIXM(-35%) VXX(-33%) UUP(-14%) TBT(-8%) IGOV(-5%) |
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 | -2.145% (StdDev 4.29%) |
Hourly BBV | 0.5 () |
Intraday Trend | 8.9% |
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