| NKLA latest price $16.9800 (-1.16%) ($16.9800 - $16.9800) on Fri. Jun. 4, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.05% (three month average) |
RSI | 72 |
Latest Price | $16.9800(-1.16%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NKLA advances 1.8% a day on average for past five trading days. |
Weekly Trend | NKLA advances 14.8% 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(63%) ARKK(63%) IBUY(63%) IPO(62%) ONLN(59%) |
Factors Impacting NKLA price | NKLA will decline at least -3.025% in a week (0% probabilities). VIXM(-37%) VXX(-32%) UUP(-13%) 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 | -3.025% (StdDev 6.05%) |
Hourly BBV | -0.8 () |
Intraday Trend | 0% |
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