| NVTA latest price $51.3700 (7.94%) ($48.1000 - $53.8500) on Wed. Jan. 13, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.79% (three month average) |
RSI | 46 |
Latest Price | $51.3700(7.94%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NVTA advances 2.4% a day on average for past five trading days. |
Weekly Trend | NVTA advances 1.7% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based sell-off 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 -2.395% 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 | -2.395% (StdDev 4.79%) |
Hourly BBV | 1.2 () |
Intraday Trend | 6% |
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