| NVTA latest price $29.7500 (1.85%) ($28.3400 - $30.3350) on Tue. Jun. 8, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.48% (three month average) |
RSI | 63 |
Latest Price | $29.7500(1.85%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NVTA advances 1.1% a day on average for past five trading days. |
Weekly Trend | NVTA advances 1.5% a week on average for past two weeks. |
Market Behavior | Normal 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(73%) |
Factors Impacting NVTA price | NVTA will decline at least -2.24% in a week (0% probabilities). VIXM(-45%) VXX(-34%) UUP(-14%) IGOV(-5%) 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 | -2.24% (StdDev 4.48%) |
Hourly BBV | 1.4 () |
Intraday Trend | -0.7% |
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