| NVTA latest price $17.4900 (3.43%) ($16.7800 - $17.7200) on Wed. Apr. 29, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 9.02% (three month average) |
RSI | 70 |
Latest Price | $17.4900(3.43%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NVTA advances 1.3% a day on average for past five trading days. |
Weekly Trend | NVTA advances 11.5% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support NVTA advance at 0% a week (0% probability) ARKG(81%) ARKK(79%) XBI(69%) IPO(67%) SKYY(64%) |
Factors Impacting NVTA price | NVTA will decline at least -4.51% in a week (0% probabilities). VXX(-35%) VIXM(-35%) UUP(-17%) TBT(-3%) IGOV(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -4.51% (StdDev 9.02%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
| |
|
|