| NVTA latest price $30.0200 (-3%) ($29.3360 - $31.1200) on Fri. Aug. 14, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.92% (three month average) |
RSI | 46 |
Latest Price | $30.0200(-3%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NVTA advances 1.1% a day on average for past five trading days. |
Weekly Trend | NVTA declines -0.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support NVTA advance at 0% a week (0% probability) ARKG(84%) ARKK(83%) IPO(73%) XBI(71%) SKYY(68%) |
Factors Impacting NVTA price | NVTA will decline at least -3.46% in a week (0% probabilities). VXX(-33%) VIXM(-33%) UUP(-16%) TBT(-9%) UNG(-4%) |
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 | -3.46% (StdDev 6.92%) |
Hourly BBV | -0.6 () |
Intraday Trend | -3.1% |
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