| NVTA latest price $35.1400 (8.02%) ($33.1400 - $35.3100) on Mon. Sep. 14, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 6.96% (three month average) |
RSI | 55 |
Latest Price | $35.1400(8.02%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NVTA advances 1.9% a day on average for past five trading days. |
Weekly Trend | NVTA declines -1.7% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based 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%) IBB(68%) |
Factors Impacting NVTA price | NVTA will decline at least -3.48% in a week (0% probabilities). VIXM(-35%) VXX(-33%) UUP(-15%) TBT(-8%) IGOV(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -3.48% (StdDev 6.96%) |
Hourly BBV | 1.2 () |
Intraday Trend | 6% |
| |
|
|