| NVTA latest price $30.5200 (2.59%) ($29.7700 - $30.8200) on Wed. Jun. 9, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.24% (three month average) |
RSI | 70 |
Latest Price | $30.5200(2.59%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NVTA advances 1.5% a day on average for past five trading days. |
Weekly Trend | NVTA advances 1.8% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off 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(85%) ARKK(85%) XBI(78%) IPO(75%) IBB(73%) |
Factors Impacting NVTA price | NVTA will decline at least -2.12% in a week (0% probabilities). VIXM(-45%) VXX(-34%) UUP(-13%) IGOV(-5%) 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 | -2.12% (StdDev 4.24%) |
Hourly BBV | 1.1 () |
Intraday Trend | 1.2% |
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