| NOVA latest price $34.1100 (0.32%) ($31.0300 - $34.2000) on Thu. Mar. 25, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.63% (three month average) |
RSI | 49 |
Latest Price | $34.1100(0.32%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NOVA advances 0.1% a day on average for past five trading days. |
Weekly Trend | NOVA declines -4.3% a week on average for past two weeks. |
Market Behavior | Value stock 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(79%) ACES(63%) TAN(62%) IWO(59%) IBUY(55%) |
Factors Impacting NOVA price | NOVA will decline at least -2.815% in a week (0% probabilities). VIXM(-25%) UUP(-9%) TBT(-9%) VXX(-5%) IGOV(-3%) |
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 | -2.815% (StdDev 5.63%) |
Hourly BBV | -0.7 () |
Intraday Trend | 4.2% |
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