| NOVA latest price $38.3000 (5.39%) ($36.4500 - $38.5400) on Fri. Apr. 16, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.11% (three month average) |
RSI | 57 |
Latest Price | $38.3000(5.39%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NOVA advances 1.6% a day on average for past five trading days. |
Weekly Trend | NOVA declines -0.7% a week on average for past two weeks. |
Market Behavior | Value stock 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 -3.055% in a week (0% probabilities). VIXM(-25%) UUP(-9%) TBT(-8%) 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 | -3.055% (StdDev 6.11%) |
Hourly BBV | 1.1 () |
Intraday Trend | 4.2% |
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