| NOVA latest price $28.7300 (0.56%) ($28.6000 - $29.5600) on Mon. Oct. 5, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.97% (three month average) |
RSI | 61 |
Latest Price | $28.7300(0.56%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NOVA advances 1.4% a day on average for past five trading days. |
Weekly Trend | NOVA advances 6.6% 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(78%) ACES(65%) TAN(65%) IWO(59%) IBUY(55%) |
Factors Impacting NOVA price | NOVA will decline at least -1.985% in a week (0% probabilities). VIXM(-26%) UUP(-11%) TBT(-8%) VXX(-7%) DRIV(-7%) |
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 | -1.985% (StdDev 3.97%) |
Hourly BBV | 0 () |
Intraday Trend | -0.7% |
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