| IQV latest price $170.9000 (6.72%) ($162.0400 - $174.2100) on Wed. Nov. 4, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.93% (three month average) |
RSI | 59 |
Latest Price | $170.9000(6.72%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | IQV advances 2% a day on average for past five trading days. |
Weekly Trend | IQV declines -2.3% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Rotation from value to growth for small cap. |
Correlated ETFs | Broad market will support IQV advance at 0% a week (0% probability) SPY(70%) IVW(68%) IWF(67%) IWD(65%) DIA(64%) |
Factors Impacting IQV price | IQV will decline at least -0.965% in a week (0% probabilities). VIXM(-41%) UUP(-28%) VXX(-14%) TBT(-7%) EDOC(-7%) |
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 | -0.965% (StdDev 1.93%) |
Hourly BBV | 1.5 () |
Intraday Trend | 5.5% |
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