| NKLA latest price $10.1600 (0.3%) ($10.1500 - $10.1600) on Fri. Jul. 19, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.2% (three month average) |
RSI | 76 |
Latest Price | $10.1600(0.3%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NKLA advances 0.1% a day on average for past five trading days. |
Weekly Trend | NKLA advances 0.1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support NKLA advance at 0% a week (0% probability) EWY(12%) GDXJ(8%) JETS(8%) VCSH(8%) CEMB(7%) |
Factors Impacting NKLA price | NKLA will decline at least -0.1% in a week (0% probabilities). TIP(-7%) VIXM(-5%) UNG(-5%) BWX(-5%) XBI(-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 | -0.1% (StdDev 0.2%) |
Hourly BBV | 0 () |
Intraday Trend | 0.1% |
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