| IMVT latest price $25.8300 (3.2%) ($24.7000 - $25.9500) on Thu. Aug. 6, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.3% (three month average) |
RSI | 58 |
Latest Price | $25.8300(3.2%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | IMVT advances 2.7% a day on average for past five trading days. |
Weekly Trend | IMVT declines -2.4% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support IMVT advance at 0% a week (0% probability) XBI(41%) IBB(36%) IWO(36%) ARKG(35%) IWM(32%) |
Factors Impacting IMVT price | IMVT will decline at least -2.15% in a week (0% probabilities). VXX(-22%) VIXM(-20%) UUP(-6%) UNG(-4%) XLC(-3%) |
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 | -2.15% (StdDev 4.3%) |
Hourly BBV | 0 () |
Intraday Trend | 3.3% |
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