| NKLA latest price $10.2400 (-0.1%) ($10.2000 - $10.2400) on Fri. Nov. 15, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.27% (three month average) |
RSI | 50 |
Latest Price | $10.2400(-0.1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NKLA advances 33.3% a day on average for past five trading days. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support NKLA advance at 0% a week (0% probability) BNDX(7%) KWEB(5%) EWJ(4%) MCHI(4%) VIXM(4%) |
Factors Impacting NKLA price | NKLA will decline at least -0.135% in a week (0% probabilities). IYT(-7%) DRIV(-7%) UNG(-6%) IWC(-6%) XLRE(-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 | -0.135% (StdDev 0.27%) |
Hourly BBV | 0 () |
Intraday Trend | 0.3% |
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