| NVTA latest price $10.9500 (-6.01%) ($10.6200 - $11.6400) on Wed. Feb. 2, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.63% (three month average) |
RSI | 42 |
Latest Price | $10.9500(-6.01%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NVTA advances 1.6% a day on average for past five trading days. |
Weekly Trend | NVTA declines -3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support NVTA advance at 0% a week (0% probability) ARKK(92%) ARKG(91%) IPO(86%) XBI(86%) BLOK(85%) |
Factors Impacting NVTA price | NVTA will decline at least -2.815% in a week (0% probabilities). VIXM(-69%) VXX(-51%) UUP(-34%) UNG(-8%) TBT(-7%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.815% (StdDev 5.63%) |
Hourly BBV | -0.5 () |
Intraday Trend | -5.4% |
| |
|
|