| NOVA latest price $19.9000 (-3.16%) ($19.0000 - $20.4300) on Wed. Mar. 2, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.82% (three month average) |
RSI | 52 |
Latest Price | $19.9000(-3.16%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NOVA advances 5.4% a day on average for past five trading days. |
Weekly Trend | NOVA advances 4.6% 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(53%) |
Factors Impacting NOVA price | NOVA will decline at least -2.91% in a week (0% probabilities). VIXM(-16%) TBT(-12%) UUP(-10%) UNG(-3%) VXX(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 | -2.91% (StdDev 5.82%) |
Hourly BBV | -0.2 () |
Intraday Trend | -0.9% |
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