| NOVA latest price $53.4400 (4.83%) ($50.6300 - $54.0500) on Tue. Feb. 9, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.78% (three month average) |
RSI | 55 |
Latest Price | $53.4400(4.83%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NOVA advances 3.3% a day on average for past five trading days. |
Weekly Trend | NOVA declines -1.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support NOVA advance at 0% a week (0% probability) ICLN(79%) ACES(64%) TAN(64%) IWO(60%) IBUY(56%) |
Factors Impacting NOVA price | NOVA will decline at least -2.39% in a week (0% probabilities). VIXM(-26%) 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 | -2.39% (StdDev 4.78%) |
Hourly BBV | 1.2 () |
Intraday Trend | 4.4% |
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