| NOVA latest price $10.1600 (1.6%) ($9.9200 - $10.3000) on Fri. Oct. 11, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.79% (three month average) |
RSI | 42 |
Latest Price | $10.1600(1.6%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NOVA advances 1.1% a day on average for past five trading days. |
Weekly Trend | NOVA declines -7.2% 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 NOVA advance at 0% a week (0% probability) ICLN(73%) ACES(65%) TAN(64%) IWO(57%) IBUY(53%) |
Factors Impacting NOVA price | NOVA will decline at least -1.895% 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 | -1.895% (StdDev 3.79%) |
Hourly BBV | 0 () |
Intraday Trend | 0.9% |
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