| NOVA latest price $36.3400 (-1.38%) ($34.4500 - $37.8900) on Thu. Apr. 15, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.12% (three month average) |
RSI | 58 |
Latest Price | $36.3400(-1.38%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NOVA advances 0.3% a day on average for past five trading days. |
Weekly Trend | NOVA advances 0.2% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support NOVA advance at 0% a week (0% probability) ICLN(79%) ACES(61%) TAN(60%) IWO(59%) IBUY(55%) |
Factors Impacting NOVA price | NOVA will decline at least -3.06% in a week (0% probabilities). VIXM(-25%) UUP(-9%) TBT(-9%) VXX(-4%) UNG(-2%) |
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 | -3.06% (StdDev 6.12%) |
Hourly BBV | -0.7 () |
Intraday Trend | -3% |
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