| NKLA latest price $14.9700 (-3.51%) ($14.9700 - $14.9700) on Fri. May. 28, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.67% (three month average) |
RSI | 72 |
Latest Price | $14.9700(-3.51%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NKLA advances 4.5% a day on average for past five trading days. |
Weekly Trend | NKLA advances 6.8% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support NKLA advance at 0% a week (0% probability) ARKK(63%) IBUY(63%) ACES(62%) IPO(62%) ONLN(59%) |
Factors Impacting NKLA price | NKLA will decline at least -2.835% in a week (0% probabilities). VIXM(-37%) VXX(-32%) UUP(-14%) UNG(-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 | -2.835% (StdDev 5.67%) |
Hourly BBV | 0.8 () |
Intraday Trend | 0% |
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