| NKLA latest price $17.1500 (0.88%) ($17.1500 - $17.1500) on Mon. Mar. 15, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.52% (three month average) |
RSI | 39 |
Latest Price | $17.1500(0.88%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NKLA advances 3% a day on average for past five trading days. |
Weekly Trend | NKLA declines -7% a week on average for past two weeks. |
Market Behavior | Broad based 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(61%) ARKK(61%) IBUY(61%) IPO(61%) ARKG(57%) |
Factors Impacting NKLA price | NKLA will decline at least -3.26% in a week (0% probabilities). VIXM(-30%) VXX(-28%) UUP(-15%) XLU(-5%) TLT(-4%) |
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 | -3.26% (StdDev 6.52%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0% |
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