| NVTA latest price $45.5400 (-1.47%) ($44.2000 - $47.1800) on Wed. Jan. 6, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.49% (three month average) |
RSI | 41 |
Latest Price | $45.5400(-1.47%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NVTA advances 0.7% a day on average for past five trading days. |
Weekly Trend | NVTA declines -5.2% 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(85%) ARKK(85%) IPO(75%) XBI(75%) IBB(71%) |
Factors Impacting NVTA price | NVTA will decline at least -2.245% in a week (0% probabilities). VIXM(-40%) VXX(-36%) UUP(-17%) TBT(-5%) UNG(-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 | -2.245% (StdDev 4.49%) |
Hourly BBV | 0.6 () |
Intraday Trend | 0.6% |
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