| NVTA latest price $33.5700 (-5.04%) ($33.0600 - $36.5000) on Mon. Aug. 24, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.88% (three month average) |
RSI | 51 |
Latest Price | $33.5700(-5.04%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NVTA advances 1.1% a day on average for past five trading days. |
Weekly Trend | NVTA advances 5% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Value stock rally 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 -3.44% in a week (0% probabilities). VXX(-33%) VIXM(-33%) UUP(-15%) 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 | -3.44% (StdDev 6.88%) |
Hourly BBV | -0.8 () |
Intraday Trend | -6.9% |
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