| NKLA latest price $17.0200 (-0.35%) ($16.4200 - $17.0500) on Mon. Dec. 21, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.21% (three month average) |
RSI | 50 |
Latest Price | $17.0200(-0.35%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NKLA advances 0.7% a day on average for past five trading days. |
Weekly Trend | NKLA declines -4.1% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Rotation from value to growth for small cap. |
Correlated ETFs | Broad market will support NKLA advance at 0% a week (0% probability) ARKK(55%) IBUY(55%) ACES(54%) IPO(53%) ONLN(53%) |
Factors Impacting NKLA price | NKLA will decline at least -4.105% in a week (0% probabilities). VIXM(-24%) VXX(-22%) UUP(-14%) XLU(-8%) EDOC(-7%) |
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 | -4.105% (StdDev 8.21%) |
Hourly BBV | 0 () |
Intraday Trend | 3.2% |
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