| NVTA latest price $42.8000 (2.91%) ($38.7500 - $43.9900) on Wed. Mar. 17, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.19% (three month average) |
RSI | 56 |
Latest Price | $42.8000(2.91%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NVTA advances 2% a day on average for past five trading days. |
Weekly Trend | NVTA advances 2.9% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based 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 -2.595% in a week (0% probabilities). VIXM(-41%) VXX(-36%) UUP(-18%) TBT(-5%) IGOV(-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 | -2.595% (StdDev 5.19%) |
Hourly BBV | 0.9 () |
Intraday Trend | 7.6% |
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