| NVTA latest price $39.0700 (-0.79%) ($38.9400 - $41.0300) on Wed. Apr. 14, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.1% (three month average) |
RSI | 61 |
Latest Price | $39.0700(-0.79%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NVTA advances 0.9% a day on average for past five trading days. |
Weekly Trend | NVTA advances 4.8% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value 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(75%) IBB(72%) |
Factors Impacting NVTA price | NVTA will decline at least -2.55% in a week (0% probabilities). VIXM(-42%) VXX(-34%) UUP(-14%) UNG(-4%) TBT(-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 | -2.55% (StdDev 5.1%) |
Hourly BBV | 0.4 () |
Intraday Trend | -1.6% |
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