| NVTA latest price $44.7600 (-2.04%) ($41.3800 - $46.6600) on Fri. Nov. 6, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.56% (three month average) |
RSI | 43 |
Latest Price | $44.7600(-2.04%) |
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 -3.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support NVTA advance at 0% a week (0% probability) ARKG(84%) ARKK(84%) IPO(74%) XBI(73%) IBUY(69%) |
Factors Impacting NVTA price | NVTA will decline at least -2.28% in a week (0% probabilities). VIXM(-37%) VXX(-34%) UUP(-16%) TBT(-9%) UNG(-4%) |
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 | -2.28% (StdDev 4.56%) |
Hourly BBV | 0.3 () |
Intraday Trend | 4.4% |
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