| NVTA latest price $50.9900 (-3.94%) ($50.9600 - $54.2000) on Wed. Dec. 23, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.39% (three month average) |
RSI | 54 |
Latest Price | $50.9900(-3.94%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NVTA advances 0.1% a day on average for past five trading days. |
Weekly Trend | NVTA declines -2.9% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Value 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(73%) IBB(69%) |
Factors Impacting NVTA price | NVTA will decline at least -2.195% 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 | -2.195% (StdDev 4.39%) |
Hourly BBV | -0.2 () |
Intraday Trend | -5% |
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