| NVTA latest price $51.0900 (-1.64%) ($49.8800 - $52.6940) on Thu. Feb. 11, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.56% (three month average) |
RSI | 42 |
Latest Price | $51.0900(-1.64%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NVTA advances 0.4% a day on average for past five trading days. |
Weekly Trend | NVTA advances 0.4% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support NVTA advance at 0% a week (0% probability) ARKG(86%) ARKK(85%) IPO(76%) XBI(76%) ACES(72%) |
Factors Impacting NVTA price | NVTA will decline at least -2.28% in a week (0% probabilities). VIXM(-41%) VXX(-36%) UUP(-18%) USO(-5%) TBT(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.28% (StdDev 4.56%) |
Hourly BBV | -1.6 () |
Intraday Trend | -0.4% |
| |
|
|