| NVTA latest price $40.4000 (3.09%) ($40.2600 - $42.5800) on Mon. Apr. 5, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.42% (three month average) |
RSI | 45 |
Latest Price | $40.4000(3.09%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NVTA advances 3.3% a day on average for past five trading days. |
Weekly Trend | NVTA declines -5.3% 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%) XBI(77%) IPO(75%) IBB(72%) |
Factors Impacting NVTA price | NVTA will decline at least -2.71% in a week (0% probabilities). VIXM(-42%) VXX(-35%) UUP(-14%) IGOV(-9%) UNG(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.71% (StdDev 5.42%) |
Hourly BBV | 0.5 () |
Intraday Trend | -4.4% |
| |
|
|