| NOVA latest price $41.0600 (0.59%) ($40.8400 - $43.7000) on Thu. Apr. 1, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.07% (three month average) |
RSI | 47 |
Latest Price | $41.0600(0.59%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NOVA advances 3.9% a day on average for past five trading days. |
Weekly Trend | NOVA declines -0.8% 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(79%) ACES(62%) TAN(61%) IWO(59%) IBUY(55%) |
Factors Impacting NOVA price | NOVA will decline at least -3.035% 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 | -3.035% (StdDev 6.07%) |
Hourly BBV | 0.5 () |
Intraday Trend | -2.2% |
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