| IMVT latest price $38.4500 (10.9%) ($34.6800 - $38.8000) on Wed. Sep. 2, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.75% (three month average) |
RSI | 84 |
Latest Price | $38.4500(10.9%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | IMVT advances 2.3% a day on average for past five trading days. |
Weekly Trend | IMVT advances 10.8% 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(42%) IBB(37%) ARKG(35%) IWO(35%) IWM(32%) |
Factors Impacting IMVT price | IMVT will decline at least -1.875% in a week (0% probabilities). VXX(-22%) VIXM(-21%) UUP(-8%) UNG(-5%) TBT(-2%) |
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 | -1.875% (StdDev 3.75%) |
Hourly BBV | 0 () |
Intraday Trend | 10% |
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