| NKLA latest price $10.2600 (0.1%) ($10.2500 - $10.2600) on Tue. Oct. 15, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.17% (three month average) |
RSI | 68 |
Latest Price | $10.2600(0.1%) |
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 0.2% 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) USO(9%) UUP(3%) TBT(1%) VIXM(1%) VXX(1%) |
Factors Impacting NKLA price | NKLA will decline at least -0.085% in a week (0% probabilities). EWJ(-11%) XLU(-9%) PEJ(-8%) XME(-7%) XHB(-7%) |
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 | -0.085% (StdDev 0.17%) |
Hourly BBV | 0 () |
Intraday Trend | 0.1% |
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