| NKLA latest price $10.1000 (-0.3%) ($10.1000 - $10.1000) on Mon. Jun. 3, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.23% (three month average) |
RSI | 58 |
Latest Price | $10.1000(-0.3%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NKLA advances 33.4% a day on average for past five trading days. |
Weekly Trend | NKLA advances 0.3% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support NKLA advance at 0% a week (0% probability) SHY(11%) TLT(10%) VIXM(8%) JETS(6%) BND(5%) |
Factors Impacting NKLA price | NKLA will decline at least -0.115% in a week (0% probabilities). USO(-14%) TBT(-10%) IFRA(-8%) XOP(-7%) XLE(-6%) |
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 | -0.115% (StdDev 0.23%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
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