| NVTA latest price $40.0700 (2.72%) ($38.5700 - $40.9300) on Wed. Sep. 16, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.04% (three month average) |
RSI | 62 |
Latest Price | $40.0700(2.72%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NVTA advances 4.4% a day on average for past five trading days. |
Weekly Trend | NVTA advances 2.3% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value 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 -3.52% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -3.52% (StdDev 7.04%) |
Hourly BBV | 1 () |
Intraday Trend | 2.5% |
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