| NOVA latest price $36.8500 (-1.18%) ($36.5000 - $38.7700) on Wed. Apr. 14, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.14% (three month average) |
RSI | 59 |
Latest Price | $36.8500(-1.18%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NOVA advances 0.7% a day on average for past five trading days. |
Weekly Trend | NOVA advances 1.7% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value 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(61%) TAN(60%) IWO(58%) IBUY(55%) |
Factors Impacting NOVA price | NOVA will decline at least -3.07% in a week (0% probabilities). VIXM(-25%) UUP(-9%) TBT(-9%) VXX(-4%) 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 | -3.07% (StdDev 6.14%) |
Hourly BBV | 0.2 () |
Intraday Trend | -1.7% |
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