| NVTA latest price $42.7000 (-0.51%) ($40.2100 - $43.4900) on Fri. Mar. 12, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.29% (three month average) |
RSI | 46 |
Latest Price | $42.7000(-0.51%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NVTA advances 4.5% a day on average for past five trading days. |
Weekly Trend | NVTA declines -2.5% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support NVTA advance at 0% a week (0% probability) ARKG(86%) ARKK(85%) XBI(77%) IPO(76%) IBB(73%) |
Factors Impacting NVTA price | NVTA will decline at least -2.645% in a week (0% probabilities). VIXM(-41%) VXX(-35%) UUP(-19%) TBT(-6%) USO(-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 | -2.645% (StdDev 5.29%) |
Hourly BBV | 1.1 () |
Intraday Trend | 2.9% |
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