| NVTA latest price $28.5100 (5.2%) ($27.1900 - $28.7800) on Tue. Oct. 19, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.1% (three month average) |
RSI | 49 |
Latest Price | $28.5100(5.2%) |
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 0.1% 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(87%) ARKK(86%) XBI(79%) IPO(76%) IBB(75%) |
Factors Impacting NVTA price | NVTA will decline at least -1.55% in a week (0% probabilities). VIXM(-52%) VXX(-37%) UUP(-14%) UNG(-5%) TLT(-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 | -1.55% (StdDev 3.1%) |
Hourly BBV | 1.5 () |
Intraday Trend | 4.8% |
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