| NVTA latest price $28.2400 (4.01%) ($27.1000 - $28.9600) on Mon. May. 24, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.83% (three month average) |
RSI | 37 |
Latest Price | $28.2400(4.01%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NVTA advances 0.7% a day on average for past five trading days. |
Weekly Trend | NVTA declines -3.9% 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(85%) ARKK(85%) XBI(77%) IPO(75%) IBB(72%) |
Factors Impacting NVTA price | NVTA will decline at least -2.415% in a week (0% probabilities). VIXM(-45%) VXX(-35%) UUP(-14%) UNG(-4%) IGOV(-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 | -2.415% (StdDev 4.83%) |
Hourly BBV | 1.3 () |
Intraday Trend | 2.4% |
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