| NVTA latest price $37.3600 (-7.39%) ($37.1120 - $40.6700) on Wed. Apr. 7, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.39% (three month average) |
RSI | 41 |
Latest Price | $37.3600(-7.39%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NVTA advances 1.1% a day on average for past five trading days. |
Weekly Trend | NVTA declines -2.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based sell-off 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 -2.695% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -2.695% (StdDev 5.39%) |
Hourly BBV | -2 () |
Intraday Trend | -6.6% |
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