| NVTA latest price $31.5300 (0.99%) ($31.1600 - $32.0800) on Mon. Jun. 14, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.01% (three month average) |
RSI | 69 |
Latest Price | $31.5300(0.99%) |
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 4% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support NVTA advance at 0% a week (0% probability) ARKG(85%) ARKK(84%) XBI(78%) IPO(75%) IBB(73%) |
Factors Impacting NVTA price | NVTA will decline at least -2.005% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.005% (StdDev 4.01%) |
Hourly BBV | 0.3 () |
Intraday Trend | 0.6% |
| |
|
|