| IMVT latest price $38.8000 (5.58%) ($37.2900 - $39.6500) on Wed. Oct. 7, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.9% (three month average) |
RSI | 50 |
Latest Price | $38.8000(5.58%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | IMVT advances 2% a day on average for past five trading days. |
Weekly Trend | IMVT advances 2.3% 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(34%) IWO(34%) ARKK(31%) |
Factors Impacting IMVT price | IMVT will decline at least -1.95% in a week (0% probabilities). VXX(-22%) VIXM(-21%) UUP(-6%) EDOC(-5%) UNG(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.95% (StdDev 3.9%) |
Hourly BBV | 0 () |
Intraday Trend | 4% |
| |
|
|