| NOVA latest price $46.7500 (1.39%) ($43.8500 - $46.8400) on Thu. Feb. 4, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.91% (three month average) |
RSI | 47 |
Latest Price | $46.7500(1.39%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NOVA advances 0.6% a day on average for past five trading days. |
Weekly Trend | NOVA declines -4.8% 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(80%) ACES(64%) TAN(64%) IWO(60%) IBUY(56%) |
Factors Impacting NOVA price | NOVA will decline at least -2.455% in a week (0% probabilities). VIXM(-27%) UUP(-10%) TBT(-10%) VXX(-6%) UNG(-1%) |
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 | -2.455% (StdDev 4.91%) |
Hourly BBV | 1.6 () |
Intraday Trend | 3.2% |
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