| NVTA latest price $33.2200 (2.25%) ($31.9200 - $34.7000) on Tue. Jul. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.18% (three month average) |
RSI | 89 |
Latest Price | $33.2200(2.25%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NVTA advances 3.3% a day on average for past five trading days. |
Weekly Trend | NVTA advances 23.8% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support NVTA advance at 0% a week (0% probability) ARKG(84%) ARKK(83%) IPO(72%) XBI(71%) IBUY(67%) |
Factors Impacting NVTA price | NVTA will decline at least -3.59% in a week (0% probabilities). VIXM(-33%) VXX(-32%) UUP(-16%) TBT(-8%) UNG(-2%) |
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 | -3.59% (StdDev 7.18%) |
Hourly BBV | 0 () |
Intraday Trend | 2.9% |
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