| NVTA latest price $32.9200 (3.46%) ($31.6600 - $33.2500) on Tue. Aug. 18, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 6.91% (three month average) |
RSI | 63 |
Latest Price | $32.9200(3.46%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NVTA advances 2.6% a day on average for past five trading days. |
Weekly Trend | NVTA advances 0.9% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support NVTA advance at 0% a week (0% probability) ARKG(84%) ARKK(84%) IPO(73%) XBI(71%) IBUY(68%) |
Factors Impacting NVTA price | NVTA will decline at least -3.455% in a week (0% probabilities). VXX(-33%) VIXM(-33%) UUP(-15%) TBT(-9%) UNG(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -3.455% (StdDev 6.91%) |
Hourly BBV | 1.6 () |
Intraday Trend | 2.9% |
| |
|
|