| NOVA latest price $23.2600 (-0.73%) ($22.8000 - $24.1000) on Wed. Jul. 19, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.57% (three month average) |
RSI | 68 |
Latest Price | $23.2600(-0.73%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NOVA advances 2.1% a day on average for past five trading days. |
Weekly Trend | NOVA advances 11.6% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support NOVA advance at 0% a week (0% probability) TAN(81%) ICLN(77%) ACES(72%) IWM(64%) IWN(64%) |
Factors Impacting NOVA price | NOVA will decline at least -2.285% in a week (0% probabilities). VIXM(-49%) VXX(-45%) TBT(-41%) UUP(-24%) USO(-3%) |
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 | -2.285% (StdDev 4.57%) |
Hourly BBV | 0.2 () |
Intraday Trend | -1.9% |
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