| NVTA latest price $34.3300 (-7.34%) ($33.0500 - $36.5000) on Thu. Sep. 3, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 6.9% (three month average) |
RSI | 67 |
Latest Price | $34.3300(-7.34%) |
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 4.8% a week on average for past two weeks. |
Market Behavior | Broad based sell-off 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 -3.45% in a week (0% probabilities). VIXM(-34%) VXX(-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 | -3.45% (StdDev 6.9%) |
Hourly BBV | -1.6 () |
Intraday Trend | -5.9% |
| |
|
|