| NOVA latest price $19.2100 (-1.54%) ($18.6001 - $19.5200) on Wed. Jun. 24, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.84% (three month average) |
RSI | 68 |
Latest Price | $19.2100(-1.54%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NOVA advances 1.5% a day on average for past five trading days. |
Weekly Trend | NOVA advances 10% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support NOVA advance at 0% a week (0% probability) ICLN(76%) ACES(64%) TAN(64%) IWO(58%) IBUY(54%) |
Factors Impacting NOVA price | NOVA will decline at least -3.42% in a week (0% probabilities). VIXM(-25%) UUP(-12%) TBT(-8%) VXX(-7%) DRIV(-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 | -3.42% (StdDev 6.84%) |
Hourly BBV | 0 () |
Intraday Trend | 0.2% |
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