| NVTA latest price $27.9800 (1.82%) ($26.4600 - $29.3300) on Thu. Jun. 25, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 7.75% (three month average) |
RSI | 78 |
Latest Price | $27.9800(1.82%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NVTA advances 8.5% a day on average for past five trading days. |
Weekly Trend | NVTA advances 28% 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(68%) IPO(67%) SKYY(64%) |
Factors Impacting NVTA price | NVTA will decline at least -3.875% in a week (0% probabilities). VXX(-32%) VIXM(-32%) UUP(-18%) TBT(-6%) UNG(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -3.875% (StdDev 7.75%) |
Hourly BBV | 0 () |
Intraday Trend | 3.6% |
| |
|
|