| NVCR latest price $122.5100 (3.18%) ($120.1850 - $123.9600) on Wed. Nov. 11, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.12% (three month average) |
RSI | 48 |
Latest Price | $122.5100(3.18%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NVCR advances 0.1% a day on average for past five trading days. |
Weekly Trend | NVCR advances 1% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Rotation from value to growth for small cap. |
Correlated ETFs | Broad market will support NVCR advance at 0% a week (0% probability) IBB(44%) ARKK(42%) IBUY(41%) IPO(39%) IWO(39%) |
Factors Impacting NVCR price | NVCR will decline at least -1.56% in a week (0% probabilities). VIXM(-21%) UUP(-16%) TBT(-10%) VXX(-9%) EDOC(-8%) |
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 | -1.56% (StdDev 3.12%) |
Hourly BBV | 0 () |
Intraday Trend | 1.5% |
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