| NOVA latest price $15.6200 (8.55%) ($14.5100 - $15.9150) on Fri. Mar. 31, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.02% (three month average) |
RSI | 44 |
Latest Price | $15.6200(8.55%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NOVA advances 3.6% a day on average for past five trading days. |
Weekly Trend | NOVA declines -3.6% 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) TAN(76%) ICLN(71%) IWM(55%) IWO(54%) IWD(53%) |
Factors Impacting NOVA price | NOVA will decline at least -2.51% in a week (0% probabilities). VIXM(-42%) VXX(-40%) TBT(-28%) UUP(-17%) BNDX(-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 | -2.51% (StdDev 5.02%) |
Hourly BBV | 1.1 () |
Intraday Trend | 7.6% |
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