| NOVA latest price $37.6000 (-0.16%) ($36.3800 - $37.9800) on Thu. Jul. 1, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.53% (three month average) |
RSI | 70 |
Latest Price | $37.6000(-0.16%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NOVA advances 1.2% a day on average for past five trading days. |
Weekly Trend | NOVA advances 6.8% 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(60%) IWO(58%) TAN(58%) IBUY(55%) |
Factors Impacting NOVA price | NOVA will decline at least -2.265% in a week (0% probabilities). VIXM(-23%) UUP(-9%) TBT(-8%) VXX(-3%) IGOV(-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 | -2.265% (StdDev 4.53%) |
Hourly BBV | -0.1 () |
Intraday Trend | -0.9% |
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