| NVTA latest price $34.1600 (3.55%) ($32.8000 - $35.1260) on Wed. Aug. 26, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.79% (three month average) |
RSI | 61 |
Latest Price | $34.1600(3.55%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NVTA advances 0.7% a day on average for past five trading days. |
Weekly Trend | NVTA advances 7.5% 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(72%) IBUY(68%) |
Factors Impacting NVTA price | NVTA will decline at least -3.395% 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 | -3.395% (StdDev 6.79%) |
Hourly BBV | 0.9 () |
Intraday Trend | 3.7% |
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