| NVTA latest price $29.0600 (0.41%) ($28.5100 - $29.3900) on Thu. May. 27, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.76% (three month average) |
RSI | 45 |
Latest Price | $29.0600(0.41%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NVTA advances 1% a day on average for past five trading days. |
Weekly Trend | NVTA advances 1.9% a week on average for past two weeks. |
Market Behavior | Value stock 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 -2.38% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.38% (StdDev 4.76%) |
Hourly BBV | 0.6 () |
Intraday Trend | 0.8% |
| |
|
|