| NOVA latest price $15.5100 (0.19%) ($15.1650 - $16.1350) on Tue. Apr. 4, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.98% (three month average) |
RSI | 51 |
Latest Price | $15.5100(0.19%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NOVA advances 3.9% a day on average for past five trading days. |
Weekly Trend | NOVA advances 4.3% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support NOVA advance at 0% a week (0% probability) TAN(76%) ICLN(71%) IWM(54%) IWO(53%) XLRE(53%) |
Factors Impacting NOVA price | NOVA will decline at least -2.49% in a week (0% probabilities). VIXM(-42%) VXX(-40%) TBT(-30%) UUP(-19%) EDOC(-9%) |
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 | -2.49% (StdDev 4.98%) |
Hourly BBV | -0.6 () |
Intraday Trend | -1.5% |
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