| NOVA latest price $18.2600 (1.28%) ($17.1800 - $18.2600) on Fri. Feb. 25, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.59% (three month average) |
RSI | 49 |
Latest Price | $18.2600(1.28%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NOVA advances 1.4% a day on average for past five trading days. |
Weekly Trend | NOVA declines -5.2% 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%) IWO(57%) IWM(55%) ACES(54%) IBUY(54%) |
Factors Impacting NOVA price | NOVA will decline at least -2.795% in a week (0% probabilities). VIXM(-17%) TBT(-12%) UUP(-10%) UNG(-3%) VXX(0%) |
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 | -2.795% (StdDev 5.59%) |
Hourly BBV | 1.1 () |
Intraday Trend | 2% |
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