| NBIX latest price $121.1700 (-2.41%) ($120.9200 - $124.9700) on Thu. May. 21, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.92% (three month average) |
RSI | 81 |
Latest Price | $121.1700(-2.41%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NBIX advances 1.6% a day on average for past five trading days. |
Weekly Trend | NBIX advances 9% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support NBIX advance at 0% a week (0% probability) IBB(49%) XBI(40%) IWO(35%) ARKG(33%) ARKK(30%) |
Factors Impacting NBIX price | NBIX will decline at least -1.96% in a week (0% probabilities). VIXM(-16%) UUP(-8%) VXX(-7%) IYT(-3%) SHY(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.96% (StdDev 3.92%) |
Hourly BBV | 0 () |
Intraday Trend | -2.3% |
| |
|
|