| IMVT latest price $35.1100 (-2.47%) ($34.7526 - $36.7900) on Tue. Sep. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.8% (three month average) |
RSI | 75 |
Latest Price | $35.1100(-2.47%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | IMVT advances 0.6% a day on average for past five trading days. |
Weekly Trend | IMVT advances 7.3% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off 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 -1.9% in a week (0% probabilities). VXX(-22%) VIXM(-21%) UUP(-7%) 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 | -1.9% (StdDev 3.8%) |
Hourly BBV | 0 () |
Intraday Trend | -3.3% |
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