| NVTA latest price $51.1300 (3.94%) ($49.9400 - $53.7900) on Fri. Jan. 8, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.53% (three month average) |
RSI | 57 |
Latest Price | $51.1300(3.94%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NVTA advances 4.1% a day on average for past five trading days. |
Weekly Trend | NVTA declines -2.3% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Rotation from value to growth 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%) IBUY(71%) |
Factors Impacting NVTA price | NVTA will decline at least -2.265% 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 | -2.265% (StdDev 4.53%) |
Hourly BBV | 1.1 () |
Intraday Trend | 1.7% |
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