| NVTA latest price $34.0800 (-1.13%) ($33.8400 - $35.0900) on Tue. Jun. 29, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.56% (three month average) |
RSI | 73 |
Latest Price | $34.0800(-1.13%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NVTA advances 0.6% a day on average for past five trading days. |
Weekly Trend | NVTA advances 5.1% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support NVTA advance at 0% a week (0% probability) ARKG(85%) ARKK(84%) XBI(78%) IPO(75%) IBB(73%) |
Factors Impacting NVTA price | NVTA will decline at least -1.78% in a week (0% probabilities). VIXM(-46%) 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 | -1.78% (StdDev 3.56%) |
Hourly BBV | -0.6 () |
Intraday Trend | -0.9% |
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