| NKLA latest price $70.0000 (6.22%) ($63.9000 - $70.0000) on Mon. Jun. 22, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 14.98% (three month average) |
RSI | 82 |
Latest Price | $70.0000(6.22%) |
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 20.4% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support NKLA advance at 0% a week (0% probability) ACES(43%) IBUY(43%) IWC(43%) ARKK(40%) IWO(40%) |
Factors Impacting NKLA price | NKLA will decline at least -7.49% in a week (0% probabilities). VXX(-20%) VIXM(-19%) UUP(-12%) UNG(-5%) TLT(-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 | -7.49% (StdDev 14.98%) |
Hourly BBV | 0 () |
Intraday Trend | 9.4% |
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