| NOVA latest price $10.2200 (-0.97%) ($9.9650 - $10.6500) on Fri. Oct. 13, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.47% (three month average) |
RSI | 43 |
Latest Price | $10.2200(-0.97%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NOVA advances 2.2% a day on average for past five trading days. |
Weekly Trend | NOVA declines -2.4% 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) EWI(97%) IBUY(88%) IWM(96%) JETS(95%) IWC(86%) |
Factors Impacting NOVA price | NOVA will decline at least -2.235% in a week (0% probabilities). SLV(-13%) SHY(-13%) EWJ(-10%) EDOC(-2%) GDXJ(-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 | -2.235% (StdDev 4.47%) |
Hourly BBV | -1.7 () |
Intraday Trend | -2.8% |
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