| NOVA latest price $13.9200 (9.69%) ($12.5700 - $14.0550) on Wed. Mar. 29, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.91% (three month average) |
RSI | 35 |
Latest Price | $13.9200(9.69%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NOVA advances 0.5% a day on average for past five trading days. |
Weekly Trend | NOVA declines -10.1% 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) TAN(77%) ICLN(71%) IWM(55%) IWO(54%) IBUY(53%) |
Factors Impacting NOVA price | NOVA will decline at least -2.455% in a week (0% probabilities). VIXM(-44%) VXX(-42%) TBT(-26%) UUP(-17%) BNDX(-4%) |
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 | -2.455% (StdDev 4.91%) |
Hourly BBV | 2.4 () |
Intraday Trend | 7.5% |
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