| NVTA latest price $54.9300 (1.37%) ($53.2000 - $55.5000) on Tue. Dec. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.35% (three month average) |
RSI | 71 |
Latest Price | $54.9300(1.37%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NVTA advances 1.9% a day on average for past five trading days. |
Weekly Trend | NVTA advances 4.7% a week on average for past two weeks. |
Market Behavior | Value stock 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(74%) XBI(73%) IBB(69%) |
Factors Impacting NVTA price | NVTA will decline at least -2.175% in a week (0% probabilities). VIXM(-38%) VXX(-34%) UUP(-15%) TBT(-6%) USO(-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 | -2.175% (StdDev 4.35%) |
Hourly BBV | 0.6 () |
Intraday Trend | 0.2% |
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