| NVTA latest price $16.7800 (-8.41%) ($16.4450 - $17.8100) on Mon. Dec. 20, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.13% (three month average) |
RSI | 51 |
Latest Price | $16.7800(-8.41%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NVTA advances 0.7% a day on average for past five trading days. |
Weekly Trend | NVTA advances 2.5% a week on average for past two weeks. |
Market Behavior | Broad based 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(91%) ARKK(90%) XBI(84%) IPO(82%) IBUY(81%) |
Factors Impacting NVTA price | NVTA will decline at least -2.565% in a week (0% probabilities). VIXM(-58%) VXX(-44%) UUP(-17%) UNG(-15%) TBT(-9%) |
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 | -2.565% (StdDev 5.13%) |
Hourly BBV | 0.1 () |
Intraday Trend | -5.7% |
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