| NKLA latest price $10.1200 (0%) ($10.1200 - $10.1200) on Mon. Jun. 10, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.23% (three month average) |
RSI | 59 |
Latest Price | $10.1200(0%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NKLA advances 33.3% 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 | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support NKLA advance at 0% a week (0% probability) VXX(14%) VIXM(5%) BNDX(4%) TBT(3%) SHY(2%) |
Factors Impacting NKLA price | NKLA will decline at least -0.115% in a week (0% probabilities). DIA(-19%) XME(-18%) XLI(-18%) IWD(-18%) IVE(-18%) |
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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