| NKLA latest price $22.0300 (0.59%) ($21.3101 - $22.8000) on Tue. Nov. 17, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 9.02% (three month average) |
RSI | 60 |
Latest Price | $22.0300(0.59%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NKLA advances 4% a day on average for past five trading days. |
Weekly Trend | NKLA advances 5.5% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support NKLA advance at 0% a week (0% probability) IBUY(53%) ACES(52%) ARKK(51%) ONLN(50%) IPO(48%) |
Factors Impacting NKLA price | NKLA will decline at least -4.51% in a week (0% probabilities). VXX(-21%) VIXM(-21%) UUP(-13%) XLU(-7%) UNG(-3%) |
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 | -4.51% (StdDev 9.02%) |
Hourly BBV | 0 () |
Intraday Trend | -2.4% |
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