| NVCR latest price $198.4400 (7.26%) ($198.4400 - $198.6300) on Thu. Apr. 15, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 7.54% (three month average) |
RSI | 82 |
Latest Price | $198.4400(7.26%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NVCR advances 8.6% a day on average for past five trading days. |
Weekly Trend | NVCR advances 17.1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support NVCR advance at 0% a week (0% probability) IBB(43%) IBUY(40%) ARKK(39%) IWO(38%) IPO(37%) |
Factors Impacting NVCR price | NVCR will decline at least -3.77% in a week (0% probabilities). VIXM(-21%) UUP(-15%) TBT(-10%) VXX(-8%) IGOV(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -3.77% (StdDev 7.54%) |
Hourly BBV | 0.8 () |
Intraday Trend | 0% |
| |
|
|