| IMVT latest price $35.0000 (4.88%) ($32.6500 - $35.0300) on Fri. Aug. 28, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.55% (three month average) |
RSI | 78 |
Latest Price | $35.0000(4.88%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | IMVT advances 1.4% a day on average for past five trading days. |
Weekly Trend | IMVT advances 12.1% 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 IMVT advance at 0% a week (0% probability) XBI(41%) IBB(36%) ARKG(35%) IWO(35%) ARKK(31%) |
Factors Impacting IMVT price | IMVT will decline at least -1.775% in a week (0% probabilities). VXX(-22%) VIXM(-20%) UUP(-6%) UNG(-5%) TBT(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.775% (StdDev 3.55%) |
Hourly BBV | 0 () |
Intraday Trend | 4.4% |
| |
|
|