| NVTA latest price $38.2100 (8.24%) ($35.7500 - $39.0500) on Wed. Mar. 31, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.47% (three month average) |
RSI | 41 |
Latest Price | $38.2100(8.24%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NVTA advances 1.4% a day on average for past five trading days. |
Weekly Trend | NVTA declines -9.2% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth 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%) XBI(77%) IPO(76%) IBB(72%) |
Factors Impacting NVTA price | NVTA will decline at least -2.735% in a week (0% probabilities). VIXM(-42%) VXX(-35%) UUP(-15%) IGOV(-9%) 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 | -2.735% (StdDev 5.47%) |
Hourly BBV | 1.5 () |
Intraday Trend | 6.9% |
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