| NVCR latest price $107.2500 (2.67%) ($104.7200 - $109.9500) on Wed. Sep. 16, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.15% (three month average) |
RSI | 85 |
Latest Price | $107.2500(2.67%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NVCR advances 4.7% a day on average for past five trading days. |
Weekly Trend | NVCR advances 9.7% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support NVCR advance at 0% a week (0% probability) IBB(45%) ARKK(42%) IBUY(41%) IPO(39%) IWO(39%) |
Factors Impacting NVCR price | NVCR will decline at least -1.575% in a week (0% probabilities). VIXM(-22%) UUP(-16%) VXX(-10%) TBT(-10%) IGOV(-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 | -1.575% (StdDev 3.15%) |
Hourly BBV | 0 () |
Intraday Trend | 1.7% |
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