| NVTA latest price $57.4000 (9.17%) ($51.1100 - $57.9400) on Thu. Dec. 10, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.45% (three month average) |
RSI | 70 |
Latest Price | $57.4000(9.17%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NVTA advances 2.8% a day on average for past five trading days. |
Weekly Trend | NVTA advances 6.5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock 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(74%) IBB(69%) |
Factors Impacting NVTA price | NVTA will decline at least -2.225% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.225% (StdDev 4.45%) |
Hourly BBV | 1.1 () |
Intraday Trend | 9.1% |
| |
|
|