| NVTA latest price $35.3500 (4.77%) ($33.6000 - $35.8550) on Fri. Aug. 21, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.85% (three month average) |
RSI | 59 |
Latest Price | $35.3500(4.77%) |
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 3.5% a week on average for past two weeks. |
Market Behavior | Growth stock rally 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(84%) IPO(73%) XBI(72%) IBUY(68%) |
Factors Impacting NVTA price | NVTA will decline at least -3.425% in a week (0% probabilities). VXX(-33%) VIXM(-33%) UUP(-16%) TBT(-9%) UNG(-3%) |
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 | -3.425% (StdDev 6.85%) |
Hourly BBV | 1.7 () |
Intraday Trend | 4.9% |
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