| NBIX latest price $112.4000 (9.32%) ($112.4000 - $112.4000) on Fri. Jan. 8, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.69% (three month average) |
RSI | 69 |
Latest Price | $112.4000(9.32%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NBIX advances 3.4% a day on average for past five trading days. |
Weekly Trend | NBIX advances 1.1% 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 NBIX advance at 0% a week (0% probability) IBB(47%) XBI(39%) IWO(38%) ARKG(35%) IWM(34%) |
Factors Impacting NBIX price | NBIX will decline at least -1.845% in a week (0% probabilities). VIXM(-16%) UUP(-9%) VXX(-6%) TBT(-2%) SHY(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.845% (StdDev 3.69%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0% |
| |
|
|