| NKLA latest price $16.8300 (-1.12%) ($16.3150 - $16.8897) on Tue. Dec. 22, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.19% (three month average) |
RSI | 39 |
Latest Price | $16.8300(-1.12%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NKLA advances 0.4% a day on average for past five trading days. |
Weekly Trend | NKLA declines -4.5% 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) ARKK(55%) IBUY(55%) ACES(54%) IPO(53%) ONLN(53%) |
Factors Impacting NKLA price | NKLA will decline at least -4.095% 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 | -4.095% (StdDev 8.19%) |
Hourly BBV | 0 () |
Intraday Trend | 0.8% |
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