| NKLA latest price $10.2000 (0.13%) ($10.1600 - $10.2000) on Thu. Aug. 22, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.18% (three month average) |
RSI | 60 |
Latest Price | $10.2000(0.13%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NKLA advances 25% 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 | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support NKLA advance at 0% a week (0% probability) UNG(7%) USO(5%) GDX(4%) GDXJ(4%) GLD(3%) |
Factors Impacting NKLA price | NKLA will decline at least -0.09% in a week (0% probabilities). HYG(-7%) JNK(-6%) INDA(-6%) EWI(-6%) XLE(-5%) |
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 | -0.09% (StdDev 0.18%) |
Hourly BBV | 0 () |
Intraday Trend | 0.4% |
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