| NKLA latest price $10.2500 (-0.09%) ($10.2500 - $10.2500) on Fri. Nov. 8, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.27% (three month average) |
RSI | 55 |
Latest Price | $10.2500(-0.09%) |
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 | Normal for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support NKLA advance at 0% a week (0% probability) GLD(10%) IPO(9%) IBUY(8%) ARKK(7%) GDX(7%) |
Factors Impacting NKLA price | NKLA will decline at least -0.135% in a week (0% probabilities). VIXM(-3%) UUP(-3%) UNG(-3%) TBT(-3%) VXX(-2%) |
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 | -0.135% (StdDev 0.27%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
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