| NKLA latest price $67.7300 (5.73%) ($62.3300 - $67.9900) on Thu. Jun. 18, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 14.97% (three month average) |
RSI | 81 |
Latest Price | $67.7300(5.73%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NKLA advances 2.3% a day on average for past five trading days. |
Weekly Trend | NKLA advances 32.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support NKLA advance at 0% a week (0% probability) ACES(43%) IBUY(43%) IWC(43%) XRT(41%) ARKK(40%) |
Factors Impacting NKLA price | NKLA will decline at least -7.485% in a week (0% probabilities). VXX(-20%) VIXM(-19%) UUP(-11%) TLT(-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 | -7.485% (StdDev 14.97%) |
Hourly BBV | 0 () |
Intraday Trend | 5% |
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