| NOVA latest price $42.5600 (6.96%) ($39.0101 - $42.6600) on Wed. Nov. 25, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.72% (three month average) |
RSI | 72 |
Latest Price | $42.5600(6.96%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NOVA advances 5.4% a day on average for past five trading days. |
Weekly Trend | NOVA advances 8% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support NOVA advance at 0% a week (0% probability) ICLN(78%) ACES(65%) TAN(65%) IWO(60%) IBUY(55%) |
Factors Impacting NOVA price | NOVA will decline at least -2.36% in a week (0% probabilities). VIXM(-27%) UUP(-10%) TBT(-9%) VXX(-6%) EDOC(-4%) |
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 | -2.36% (StdDev 4.72%) |
Hourly BBV | 0 () |
Intraday Trend | 6.9% |
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