| NVTA latest price $53.6200 (4.04%) ($52.4800 - $55.3200) on Tue. Feb. 2, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.73% (three month average) |
RSI | 61 |
Latest Price | $53.6200(4.04%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NVTA advances 2.2% a day on average for past five trading days. |
Weekly Trend | NVTA declines -1.6% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support NVTA advance at 0% a week (0% probability) ARKG(86%) ARKK(85%) IPO(76%) XBI(75%) IBUY(72%) |
Factors Impacting NVTA price | NVTA will decline at least -2.365% in a week (0% probabilities). VIXM(-40%) VXX(-36%) UUP(-17%) USO(-5%) TBT(-5%) |
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 | -2.365% (StdDev 4.73%) |
Hourly BBV | 1.4 () |
Intraday Trend | 1% |
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