| NKLA latest price $12.1100 (3.15%) ($11.6700 - $12.4300) on Mon. Apr. 20, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.57% (three month average) |
RSI | 69 |
Latest Price | $12.1100(3.15%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NKLA advances 0.6% a day on average for past five trading days. |
Weekly Trend | NKLA advances 5.3% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support NKLA advance at 0% a week (0% probability) ACES(36%) IBUY(36%) IWC(35%) XRT(34%) ARKK(33%) |
Factors Impacting NKLA price | NKLA will decline at least -2.285% in a week (0% probabilities). VXX(-13%) VIXM(-13%) UUP(-11%) UNG(-6%) TLT(-4%) |
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 | -2.285% (StdDev 4.57%) |
Hourly BBV | 0 () |
Intraday Trend | 1.9% |
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