| NKLA latest price $25.4200 (15.39%) ($21.8500 - $26.7200) on Wed. Nov. 18, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 9.22% (three month average) |
RSI | 67 |
Latest Price | $25.4200(15.39%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NKLA advances 5% a day on average for past five trading days. |
Weekly Trend | NKLA advances 9% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off 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 -4.61% 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 | -4.61% (StdDev 9.22%) |
Hourly BBV | 0 () |
Intraday Trend | 14.6% |
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