| NKLA latest price $10.1999 (0%) ($10.1900 - $10.2000) on Mon. Sep. 9, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.16% (three month average) |
RSI | 54 |
Latest Price | $10.1999(0%) |
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 | 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) XLP(10%) XLV(9%) BOTZ(7%) IBB(7%) IVW(7%) |
Factors Impacting NKLA price | NKLA will decline at least -0.08% in a week (0% probabilities). VCSH(-8%) BWX(-7%) XLE(-6%) OIH(-6%) UNG(-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 | -0.08% (StdDev 0.16%) |
Hourly BBV | 0 () |
Intraday Trend | -0% |
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