| NVTA latest price $53.4400 (4.03%) ($51.9200 - $55.7900) on Thu. Jan. 14, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.75% (three month average) |
RSI | 52 |
Latest Price | $53.4400(4.03%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NVTA advances 1.7% a day on average for past five trading days. |
Weekly Trend | NVTA advances 4.4% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off 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 -2.375% in a week (0% probabilities). VIXM(-40%) VXX(-37%) 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 | -2.375% (StdDev 4.75%) |
Hourly BBV | 0.8 () |
Intraday Trend | 2.9% |
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