| NOVA latest price $10.5600 (2.33%) ($10.1304 - $10.6600) on Fri. Aug. 30, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.23% (three month average) |
RSI | 40 |
Latest Price | $10.5600(2.33%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NOVA advances 4.1% a day on average for past five trading days. |
Weekly Trend | NOVA declines -7.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support NOVA advance at 0% a week (0% probability) ICLN(72%) ACES(64%) TAN(64%) IWO(56%) IBUY(53%) |
Factors Impacting NOVA price | NOVA will decline at least -2.115% in a week (0% probabilities). VIXM(-31%) VXX(-13%) UUP(-11%) TBT(-6%) IGOV(-5%) |
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 | -2.115% (StdDev 4.23%) |
Hourly BBV | 0 () |
Intraday Trend | 2.9% |
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